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Kaveri Seed reports Profit after tax of Rs -130.90 Mln, in the March 2022 quarter

23 May 2022 Evaluate
Revenue reduced marginally to stand at Rs. 545.58 millions during the quarter ended March 2022. The figure stood at Rs. 550.78 millions during the year-ago period.The Net Loss for the quarter ended March 2022 is Rs. -130.90 millions as compared to Net Loss of Rs. -143.28 millions of corresponding quarter ended March 2021 Operating profit Margin for the quarter ended March 2022 improved to -71.01% as compared to -77.74% of corresponding quarter ended March 2021


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 545.58 550.78 -0.94 9150.00 9869.81 -7.29 9150.00 9869.81 -7.29
Other Income 48.85 46.27 5.58 438.33 480.17 -8.71 438.33 480.17 -8.71
PBIDT -71.01 -77.74 -8.66 2384.06 3348.89 -28.81 2384.06 3348.89 -28.81
Interest 0.22 1.43 -84.62 1.21 3.85 -68.57 1.21 3.85 -68.57
PBDT -71.23 -79.17 -10.03 2382.85 3345.04 -28.76 2382.85 3345.04 -28.76
Depreciation 54.19 54.14 0.09 201.04 213.20 -5.70 201.04 213.20 -5.70
PBT -125.42 -133.31 -5.92 2181.81 3131.84 -30.33 2181.81 3131.84 -30.33
TAX 5.48 9.97 -45.04 92.77 78.74 17.82 92.77 78.74 17.82
Deferred Tax 8.52 4.20 102.86 37.15 33.00 12.58 37.15 33.00 12.58
PAT -130.90 -143.28 -8.64 2089.04 3053.10 -31.58 2089.04 3053.10 -31.58
Equity 116.64 120.66 -3.33 116.64 120.66 -3.33 116.64 120.66 -3.33
PBIDTM(%) -13.02 -14.11 -7.79 26.06 33.93 -23.21 26.06 33.93 -23.21
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