Scan Steels Ltd Q1FY24 PAT up QoQ at Rs. 4.70 crore

Scan Steels Limited 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. 227.8006 crores during the period ended June 30, 2023 as compared to Rs. 276.9647 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 4.7085 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.3495 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.90 for the period ended June 30, 2023 as compared to Rs. 0.45 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 227.8006 crs	₹276.9647 crs	-17.75%
Net Profit	₹4.7085 crs	₹2.3495 crs	100.40%
EPS	₹0.90	₹0.45	100.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 227.8006 crores during the period ended June 30, 2023 as compared to Rs.307.2140 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.4.7085 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.20.5489 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.90 for the period ended June 30, 2023 as compared to Rs.3.93 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 227.8006 crs	₹307.2140 crs	-25.85%
Net Profit	₹4.7085 crs	₹20.5489 crs	-77.09%
EPS	₹0.90	₹3.93	-77.10%

Shares of Scan Steels Limited was last trading in BSE at Rs. 38.02 as compared to the previous close of Rs. 38.62. The total number of shares traded during the day was 21150 in over 155 trades.

The stock hit an intraday high of Rs. 39.49 and intraday low of 37.52. The net turnover during the day was Rs. 812736.00.

Source : Equity Bulls

Keywords

ScanSteels Q1FY24 ResultUpdate