Welcast Steels Ltd Q4FY24 profit up at Rs. 1.34 crore

WELCAST STEELS LTD. has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 26.2244 crores during the period ended March 31, 2024 as compared to Rs. 20.6048 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 1.3453 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 1.2271 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 21.08 for the period ended March 31, 2024 as compared to Rs. 19.23 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹ 26.2244 crs	₹20.6048 crs	27.27%
Net Profit	₹1.3453 crs	₹1.2271 crs	9.63%
EPS	₹21.08	₹19.23	9.62%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 26.2244 crores during the period ended March 31, 2024 as compared to Rs.21.6419 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.1.3453 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.-2.0908 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.21.08 for the period ended March 31, 2024 as compared to Rs.-32.76 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹ 26.2244 crs	₹21.6419 crs	21.17%
Net Profit	₹1.3453 crs	₹-2.0908 crs	164.34%
EPS	₹21.08	₹-32.76	164.35%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.94.6973 crores during the Financial Year ended March 31, 2024 as compared to Rs.94.6740 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.5.2485 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.2.6402 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.82.24 for the Financial Year ended March 31, 2024 as compared to Rs.41.37 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹94.6973 crs	₹94.6740 crs	0.02%
Net Profit	₹5.2485 crs	₹2.6402 crs	98.79%
EPS	₹82.24	₹41.37	98.79%

Shares of WELCAST STEELS LTD. was last trading in BSE at Rs. 1383.65 as compared to the previous close of Rs. 1435.10. The total number of shares traded during the day was 2343 in over 161 trades.

The stock hit an intraday high of Rs. 1459.45 and intraday low of 1380.00. The net turnover during the day was Rs. 3292457.00.

Source : Equity Bulls

Keywords

WelcastSteels Q4FY24 FY2024 ResultUpdate