Stock Report

SRU Steels Ltd Q3 FY2023-24 net profit at Rs. 8.66 lakhs



Posted On : 2024-01-27 22:33:26( TIMEZONE : IST )

SRU Steels Ltd Q3 FY2023-24 net profit at Rs. 8.66 lakhs

SRU Steels Ltd has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 0.4004 crores during the period ended December 31, 2023 as compared to Rs. 7.7176 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.0866 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.0619 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.07 for the period ended December 31, 2023 as compared to Rs. 0.06 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 0.4004 crs ₹7.7176 crs Up Tick / Down Tick-94.81%
Net Profit ₹0.0866 crs ₹0.0619 crs Up Tick / Down Tick39.90%
EPS ₹0.07 ₹0.06 Up Tick / Down Tick16.67%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.4004 crores during the period ended December 31, 2023 as compared to Rs.3.5543 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.0866 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.1037 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.07 for the period ended December 31, 2023 as compared to Rs.0.13 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 0.4004 crs ₹3.5543 crs Up Tick / Down Tick-88.73%
Net Profit ₹0.0866 crs ₹0.1037 crs Up Tick / Down Tick-16.49%
EPS ₹0.07 ₹0.13 Up Tick / Down Tick-46.15%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.17.2770 crores during the 9 Months period ended December 31, 2023 as compared to Rs.7.6650 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.2166 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.0.2102 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.18 for the 9 Months period ended December 31, 2023 as compared to Rs.0.26 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹17.2770 crs ₹7.6650 crs Up Tick / Down Tick125.40%
Net Profit ₹0.2166 crs ₹0.2102 crs Up Tick / Down Tick3.04%
EPS ₹0.18 ₹0.26 Up Tick / Down Tick-30.77%

Shares of SRU Steels Ltd was last trading in BSE at Rs. 11.92 as compared to the previous close of Rs. 11.36. The total number of shares traded during the day was 91650 in over 278 trades.

The stock hit an intraday high of Rs. 11.92 and intraday low of 11.25. The net turnover during the day was Rs. 1088403.00.

Source : Equity Bulls

Keywords

SRUSteels Q3FY24 9MFY24 ResultUpdate