CG Power and Industrial Solutions has reported results for fourth quarter and year ended March 31, 2022.
The company has reported fall of 87.17% in its net profit at Rs 109.02 crore for the quarter under review as compared to Rs 849.46 crore for the same quarter in the previous year. However, total income of the company increased by 36.67% at Rs 1415.97 crore for Q4FY22 as compared Rs 1036.05 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported fall of 88.76% in its net profit at Rs 111.65 crore for the quarter under review as compared to Rs 992.89 crore for the same quarter in the previous year. However, total income of the company reported 2- fold jump at Rs 1514.84 crore for Q4FY22 as compared Rs 1134.58 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported fall of 8.99% in its net profit at Rs 627.06 crore as compared to Rs 688.99 crore for the previous year. However, total income of the company increased by 16.93% at Rs 5204.22 crore for year under review as compared to Rs 2568.06 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a fall of 28.64% in its net profit at Rs 913.07 crore as compared to Rs 1279.60 crore for the previous year. However, total income of the company increased by 82.19% at Rs 5603.11 crore for year under review as compared to Rs 3075.37 crore for year ended March 31, 2021.
