Stock Report

Panchmahal Steel Ltd Q3 FY24 loss at Rs. 32.25 lakhs



Posted On : 2024-02-04 19:04:20( TIMEZONE : IST )

Panchmahal Steel Ltd Q3 FY24 loss at Rs. 32.25 lakhs

PANCHMAHAL STEEL 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. 104.2292 crores during the period ended December 31, 2023 as compared to Rs. 120.3416 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -0.3225 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.7128 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -0.17 for the period ended December 31, 2023 as compared to Rs. 0.37 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 104.2292 crs ₹120.3416 crs Up Tick / Down Tick-13.39%
Net Profit ₹-0.3225 crs ₹0.7128 crs Up Tick / Down Tick-145.24%
EPS ₹-0.17 ₹0.37 Up Tick / Down Tick-145.95%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 104.2292 crores during the period ended December 31, 2023 as compared to Rs.116.2902 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-0.3225 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-6.0643 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-0.17 for the period ended December 31, 2023 as compared to Rs.-3.18 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 104.2292 crs ₹116.2902 crs Up Tick / Down Tick-10.37%
Net Profit ₹-0.3225 crs ₹-6.0643 crs Up Tick / Down Tick94.68%
EPS ₹-0.17 ₹-3.18 Up Tick / Down Tick94.65%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.332.2888 crores during the 9 Months period ended December 31, 2023 as compared to Rs.359.9953 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.5246 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.0.3024 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.28 for the 9 Months period ended December 31, 2023 as compared to Rs.0.16 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹332.2888 crs ₹359.9953 crs Up Tick / Down Tick-7.70%
Net Profit ₹0.5246 crs ₹0.3024 crs Up Tick / Down Tick73.48%
EPS ₹0.28 ₹0.16 Up Tick / Down Tick75.00%

Shares of PANCHMAHAL STEEL LTD. was last trading in BSE at Rs. 145.25 as compared to the previous close of Rs. 150.00. The total number of shares traded during the day was 13075 in over 152 trades.

The stock hit an intraday high of Rs. 154.00 and intraday low of 142.60. The net turnover during the day was Rs. 1923421.00.

Source : Equity Bulls

Keywords

PanchmahalSteel Q3FY24 9MFY24 ResultUpdate