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Kesoram Industries reports consolidated net loss of Rs 46 crore in Q4

14 Apr 2022 Evaluate

Kesoram Industries has reported results for fourth quarter and year ended March 31, 2022.

The company has reported net loss at Rs 132.54 crore for the quarter under review as compared to net profit of Rs 41.11 crore for the same quarter in the previous year. However, total income of the company increased by 28.77% at Rs 1038.28 crore for Q4FY22 as compared Rs 806.33 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 46.14 crore for the quarter under review as compared to net profit of Rs 96.41 crore for the same quarter in the previous year. However, total income of the company increased by 18.50% at Rs 1041.79 crore for Q4FY22 as compared Rs 879.13 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported net loss at Rs 130.01 crore as compared to net profit of Rs 166.94 crore for the previous year. However, total income of the company increased by 42.12% at Rs 3577.71 crore for year under review as compared to Rs 2517.43 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported net loss at Rs 77.34 crore as compared to net profit of Rs 140.11 crore for the previous year. However, total income of the company increased by 33.67% at Rs 3642.47 crore for year under review as compared to Rs 2724.93 crore for year ended March 31, 2021.

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