Steel Strips Wheels Ltd Q1 FY2023-24 net profit at Rs. 47.59 crores

has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1048.6135 crores during the period ended June 30, 2023 as compared to Rs. 1011.6212 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 47.5991 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 47.2975 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.03 for the period ended June 30, 2023 as compared to Rs. 3.01 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1048.6135 crs	₹1011.6212 crs	3.66%
Net Profit	₹47.5991 crs	₹47.2975 crs	0.64%
EPS	₹3.03	₹3.01	0.66%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1048.6135 crores during the period ended June 30, 2023 as compared to Rs.1016.1140 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.47.5991 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.48.1295 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.03 for the period ended June 30, 2023 as compared to Rs.3.08 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1048.6135 crs	₹1016.1140 crs	3.20%
Net Profit	₹47.5991 crs	₹48.1295 crs	-1.10%
EPS	₹3.03	₹3.08	-1.62%

Source : Equity Bulls

Keywords

SteelStripsWheels SSWL Q1FY24 ResultUpdate