Stock Report

Steelcast Ltd Q2 FY2023-24 net profit slips QoQ to Rs. 18.59 crores



Posted On : 2023-11-02 08:40:23( TIMEZONE : IST )

Steelcast Ltd Q2 FY2023-24 net profit slips QoQ to Rs. 18.59 crores

STEELCAST LTD. 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. 102.1834 crores during the period ended September 30, 2023 as compared to Rs. 119.7783 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 18.5946 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 20.2763 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 9.19 for the period ended September 30, 2023 as compared to Rs. 10.02 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 102.1834 crs ₹119.7783 crs Up Tick / Down Tick-14.69%
Net Profit ₹18.5946 crs ₹20.2763 crs Up Tick / Down Tick-8.29%
EPS ₹9.19 ₹10.02 Up Tick / Down Tick-8.28%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 102.1834 crores during the period ended September 30, 2023 as compared to Rs.121.7962 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.18.5946 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.17.5609 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.9.19 for the period ended September 30, 2023 as compared to Rs.8.68 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 102.1834 crs ₹121.7962 crs Up Tick / Down Tick-16.10%
Net Profit ₹18.5946 crs ₹17.5609 crs Up Tick / Down Tick5.89%
EPS ₹9.19 ₹8.68 Up Tick / Down Tick5.88%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.221.9617 crores during the 6 Months period ended September 30, 2023 as compared to Rs.237.72 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.38.8710 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.31.6986 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.19.21 for the 6 Months period ended September 30, 2023 as compared to Rs.15.66 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹221.9617 crs ₹237.72 crs Up Tick / Down Tick-6.63%
Net Profit ₹38.8710 crs ₹31.6986 crs Up Tick / Down Tick22.63%
EPS ₹19.21 ₹15.66 Up Tick / Down Tick22.67%

Shares of STEELCAST LTD. was last trading in BSE at Rs. 646.35 as compared to the previous close of Rs. 667.35. The total number of shares traded during the day was 1552 in over 256 trades.

The stock hit an intraday high of Rs. 670.35 and intraday low of 636.20. The net turnover during the day was Rs. 1018131.00.

Source : Equity Bulls

Keywords

Steelcast Q2FY24 H1FY24 ResultUpdate