Stock Report

Scan Steels Ltd Q2 FY24 PAT at Rs. 3.33 crore



Posted On : 2023-10-31 23:57:52( TIMEZONE : IST )

Scan Steels Ltd Q2 FY24 PAT at Rs. 3.33 crore

Scan Steels Limited has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 261.8633 crores during the period ended September 30, 2023 as compared to Rs. 227.8006 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 3.3388 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 4.7085 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.64 for the period ended September 30, 2023 as compared to Rs. 0.90 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 261.8633 crs ₹227.8006 crs Up Tick / Down Tick14.95%
Net Profit ₹3.3388 crs ₹4.7085 crs Up Tick / Down Tick-29.09%
EPS ₹0.64 ₹0.90 Up Tick / Down Tick-28.89%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 261.8633 crores during the period ended September 30, 2023 as compared to Rs.210.5515 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.3.3388 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-8.6057 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.64 for the period ended September 30, 2023 as compared to Rs.-1.64 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 261.8633 crs ₹210.5515 crs Up Tick / Down Tick24.37%
Net Profit ₹3.3388 crs ₹-8.6057 crs Up Tick / Down Tick138.80%
EPS ₹0.64 ₹-1.64 Up Tick / Down Tick139.02%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.489.6639 crores during the 6 Months period ended September 30, 2023 as compared to Rs.517.7655 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.8.0473 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.11.9431 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.54 for the 6 Months period ended September 30, 2023 as compared to Rs.2.28 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹489.6639 crs ₹517.7655 crs Up Tick / Down Tick-5.43%
Net Profit ₹8.0473 crs ₹11.9431 crs Up Tick / Down Tick-32.62%
EPS ₹1.54 ₹2.28 Up Tick / Down Tick-32.46%

Shares of Scan Steels Limited was last trading in BSE at Rs. 64.34 as compared to the previous close of Rs. 61.92. The total number of shares traded during the day was 64470 in over 140 trades.

The stock hit an intraday high of Rs. 65.01 and intraday low of 61.00. The net turnover during the day was Rs. 4146555.00.

Source : Equity Bulls

Keywords

ScanSteels Q2FY24 H1FY24 ResultUpdate