SRU Steels Ltd Q1 FY2024 PAT at Rs. 6.81 lakhs

SRU Steels Ltd 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. 9.1590 crores during the period ended June 30, 2023 as compared to Rs. 9.0514 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.0681 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.4884 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.06 for the period ended June 30, 2023 as compared to Rs. 0.61 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 9.1590 crs	₹9.0514 crs	1.19%
Net Profit	₹0.0681 crs	₹0.4884 crs	-86.06%
EPS	₹0.06	₹0.61	-90.16%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 9.1590 crores during the period ended June 30, 2023 as compared to Rs.1.5530 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.0681 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.0339 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.06 for the period ended June 30, 2023 as compared to Rs.0.04 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 9.1590 crs	₹1.5530 crs	489.76%
Net Profit	₹0.0681 crs	₹0.0339 crs	100.88%
EPS	₹0.06	₹0.04	50.00%

Shares of SRU Steels Ltd was last trading in BSE at Rs. 21.10 as compared to the previous close of Rs. 20.13. The total number of shares traded during the day was 734593 in over 2436 trades.

The stock hit an intraday high of Rs. 21.13 and intraday low of 21.05. The net turnover during the day was Rs. 15515114.00.

Source : Equity Bulls

Keywords

SRUSteels Q1FY24 ResultUpdate