Stock Report

Shree Steel Wire Ropes Ltd Q3 FY2023-24 loss at Rs. 3.82 lakhs



Posted On : 2024-01-29 19:59:53( TIMEZONE : IST )

Shree Steel Wire Ropes Ltd Q3 FY2023-24 loss at Rs. 3.82 lakhs

SHREE STEEL WIRE ROPES 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. 2.0703 crores during the period ended December 31, 2023 as compared to Rs. 2.4076 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -0.0382 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -0.2149 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -0.12 for the period ended December 31, 2023 as compared to Rs. -0.65 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 2.0703 crs ₹2.4076 crs Up Tick / Down Tick-14.01%
Net Profit ₹-0.0382 crs ₹-0.2149 crs Up Tick / Down Tick82.22%
EPS ₹-0.12 ₹-0.65 Up Tick / Down Tick81.54%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 2.0703 crores during the period ended December 31, 2023 as compared to Rs.4.9867 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-0.0382 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.3919 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-0.12 for the period ended December 31, 2023 as compared to Rs.1.18 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 2.0703 crs ₹4.9867 crs Up Tick / Down Tick-58.48%
Net Profit ₹-0.0382 crs ₹0.3919 crs Up Tick / Down Tick-109.75%
EPS ₹-0.12 ₹1.18 Up Tick / Down Tick-110.17%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.6.7547 crores during the 9 Months period ended December 31, 2023 as compared to Rs.14.6032 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-0.2114 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.0.7408 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-0.64 for the 9 Months period ended December 31, 2023 as compared to Rs.2.24 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹6.7547 crs ₹14.6032 crs Up Tick / Down Tick-53.75%
Net Profit ₹-0.2114 crs ₹0.7408 crs Up Tick / Down Tick-128.54%
EPS ₹-0.64 ₹2.24 Up Tick / Down Tick-128.57%

Shares of SHREE STEEL WIRE ROPES LTD. was last trading in BSE at Rs. 41.52 as compared to the previous close of Rs. 40.50. The total number of shares traded during the day was 9077 in over 71 trades.

The stock hit an intraday high of Rs. 42.52 and intraday low of 39.15. The net turnover during the day was Rs. 380470.00.

Source : Equity Bulls

Keywords

ShreeSteelWireRopes Q3FY24 9MFY24 ResultUpdate