SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Electrosteel Steels turns black in Q1

30 Aug 2018 Evaluate

Electrosteel Steels has reported results for first quarter ended June 30, 2018.

The company has reported net profit of Rs 927.96 crore for the quarter under review as against net loss of Rs 242.20 crore for the same quarter in the previous year. Total income of the company increased by 28.37% at Rs 1,046.15 crore for Q1FY19 as compared Rs 814.94 crore for the corresponding quarter previous year.

Electrosteel Steels is engaged in basic iron and steel business. The company is engaged in selling thermo mechanically treated (TMT) bars, billets, ductile iron (DI) pipes, pig iron and wire rod.

Peers
Company Name CMP
Tata Steel 206.60
JSW Steel 1215.20
SAIL 166.10
Jindal Stainless 779.95
APL Apollo Tubes 2064.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×