Monday, December 23, 2024

Steelcast Q4 Results Live : profit falls by 4.28% YOY

Must read

Steelcast Q4 Results Live : Steelcast announced their Q4 results on 30 May, 2024, revealing a decrease in revenue by 18.22% and a decline in profit by 4.28% compared to the same quarter last year.

On a quarter-on-quarter basis, the company saw a growth in revenue by 8.96% and an increase in profit by 7.37%.

However, the Selling, general & administrative expenses rose by 4.74% quarter-on-quarter and increased by 8.35% year-on-year.

The operating income showed a positive trend with a 7.1% increase quarter-on-quarter, but a decrease of 7.74% year-on-year.

The Earnings Per Share (EPS) for Q4 stood at 9.21, reflecting a 4.55% decrease year-on-year.

In terms of stock performance, Steelcast delivered a -2.4% return in the last week, 1.74% return in the last 6 months, and 2.89% year-to-date.

As of now, Steelcast holds a market capitalization of 1280.99 Cr with a 52-week high of 747 and a low of 452.9.

Steelcast Financials

Period Q4 Q3 Q-o-Q Growth Q4 Y-o-Y Growth
Total Revenue 98.4 90.31 +8.96% 120.32 -18.22%
Selling/ General/ Admin Expenses Total 10.74 10.25 +4.74% 9.91 +8.35%
Depreciation/ Amortization 4.3 4.44 -3.16% 4.38 -1.88%
Total Operating Expense 73.87 67.41 +9.59% 93.74 -21.19%
Operating Income 24.53 22.9 +7.1% 26.58 -7.74%
Net Income Before Taxes 25.11 23.39 +7.32% 26.25 -4.34%
Net Income 18.71 17.42 +7.37% 19.54 -4.28%
Diluted Normalized EPS 9.21 8.61 +6.97% 9.65 -4.55%

FAQs

Question : What is the Q4 profit/Loss as per company?

Ans : ₹18.71Cr

Question : What is Q4 revenue?

Ans : ₹98.4Cr

Stay updated on quarterly results with our results calendar

You are on Mint! India’s #1 news destination (Source: Press Gazette). To learn more about our business coverage and market insights Click Here!

Catch all the Corporate news and Updates on Live Mint.
Download The Mint News App to get Daily Market Updates & Live Business News.

More
Less

Published: 02 Jun 2024, 02:16 AM IST

Latest article