Stock Report

Scan Steels Ltd consolidated Q1FY25 net profit rises to Rs. 14.58 crores

Posted On : 2024-07-31 20:47:17( TIMEZONE : IST )

Scan Steels Limited has reported Consolidated financial results for the period ended June 30, 2024.

Financial Results (Q1 FY2025) - QoQ Comparison

The company has reported total income of Rs. 235.3387 crores during the period ended June 30, 2024 as compared to Rs. 258.2036 crores during the period ended March 31, 2024.

The company has posted net profit / (loss) of Rs. 14.5875 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs. 11.4344 crores for the period ended March 31, 2024.

The company has reported EPS of Rs. 2.49 for the period ended June 30, 2024 as compared to Rs. 2.17 for the period ended March 31, 2024.

Financials	Q1 FY2025	Q4 FY2024	% Change
Total Income	₹ 235.3387 crs	₹258.2036 crs	-8.86%
Net Profit	₹14.5875 crs	₹11.4344 crs	27.58%
EPS	₹2.49	₹2.17	14.75%

Financial Results (Q1 FY2025) - YoY Comparison

The company has reported total income of Rs. 235.3387 crores during the period ended June 30, 2024 as compared to Rs.227.8006 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.14.5875 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs.4.7085 crores for the period ended June 30, 2023.

The company has reported EPS of Rs.2.49 for the period ended June 30, 2024 as compared to Rs.0.90 for the period ended June 30, 2023.

Financials	Q1 FY2025	Q1 FY2024	% Change
Total Income	₹ 235.3387 crs	₹227.8006 crs	3.31%
Net Profit	₹14.5875 crs	₹4.7085 crs	209.81%
EPS	₹2.49	₹0.90	176.67%

Shares of Scan Steels Limited was last trading in BSE at Rs. 61.88 as compared to the previous close of Rs. 60.96. The total number of shares traded during the day was 24510 in over 110 trades.

The stock hit an intraday high of Rs. 62.79 and intraday low of 60.16. The net turnover during the day was Rs. 1506893.00.