Ramco Industries has reported results for fourth quarter and year ended March 31, 2022.
The company has reported a fall of 38.95% in its net profit at Rs 15.33 crore for the quarter under review as compared to Rs 25.11 crore for the same quarter in the previous year. However, total income of the company increased by 4.45% at Rs 306.77 crore for Q4FY22 as compared Rs 293.71 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported fall of 30.27% in its net profit at Rs 46.32 crore for the quarter under review as compared to Rs 66.43 crore for the same quarter in the previous year. However, total income of the company increased by 10.03% at Rs 393.06 crore for Q4FY22 as compared Rs 357.22 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported fall of 3.47% in its net profit at Rs 106.93 crore as compared to Rs 110.78 crore for the previous year. However, total income of the company increased by 15.72% at Rs 1214.47 crore for year under review as compared to Rs 1049.52 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported 8.65% rise in its net profit at Rs 302.85 crore as compared to Rs 278.75 crore for the previous year. Total income of the company increased by 19.04% at Rs 1468.75 crore for year under review as compared to Rs 1233.85 crore for year ended March 31, 2021.
