Shyam Metalics and Energy has reported results for fourth quarter and year ended March 31, 2022.
The company has reported a fall of 45.94% in its net profit at Rs 116.11 crore for the quarter under review as compared to Rs 214.79 crore for the same quarter in the previous year. However, total income of the company increased by 6.24% at Rs 1,191.25 crore for Q4FY22 as compared Rs 1,121.27 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 11.73% in its net profit at Rs 433.18 crore for the quarter under review as compared to Rs 387.70 crore for the same quarter in the previous year. Total income of the company increased by 21.70% at Rs 2,871.76 crore for Q4FY22 as compared Rs 2,359.77 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a rise of 84.61% in its net profit at Rs 810.27 crore as compared to Rs 438.90 crore for the previous year. Total income of the company increased by 54.64% at Rs 4,753.58 crore for year under review as compared to Rs 3,073.96 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported 2-fold jump in its net profit at Rs 1,724.15 crore as compared to Rs 843.56 crore for the previous year. Total income of the company increased by 65.39% at Rs 10,453.96 crore for year under review as compared to Rs 6,320.79 crore for year ended March 31, 2021.
