Shyam Century Ferrous Ltd Q1FY24 net profit at Rs. 2.10 crore

Shyam Century Ferrous 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. 41.0184 crores during the period ended June 30, 2023 as compared to Rs. 67.4277 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.1003 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 7.2883 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.10 for the period ended June 30, 2023 as compared to Rs. 0.34 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 41.0184 crs	₹67.4277 crs	-39.17%
Net Profit	₹2.1003 crs	₹7.2883 crs	-71.18%
EPS	₹0.10	₹0.34	-70.59%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 41.0184 crores during the period ended June 30, 2023 as compared to Rs.33.8985 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.1003 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.7.0625 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.10 for the period ended June 30, 2023 as compared to Rs.0.32 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 41.0184 crs	₹33.8985 crs	21.00%
Net Profit	₹2.1003 crs	₹7.0625 crs	-70.26%
EPS	₹0.10	₹0.32	-68.75%

Shares of Shyam Century Ferrous Limited was last trading in BSE at Rs. 21.16 as compared to the previous close of Rs. 21.24. The total number of shares traded during the day was 48119 in over 202 trades.

The stock hit an intraday high of Rs. 21.39 and intraday low of 20.50. The net turnover during the day was Rs. 1010285.00.

Source : Equity Bulls

Keywords

ShyamCenturyFerrous Q1FY24 ResultUpdate