Patel Engineering has reported results for fourth quarter and year ended March 31, 2022.
The company has reported net profit of Rs 33.59 crore for the quarter under review as compared to net loss of Rs 17.35 crore for the same quarter in the previous year. Total income of the company increased by 62.51% at Rs 1,080.71 crore for Q4FY22 as compared Rs 665.01 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit of Rs 33.58 crore for the quarter under review as compared to net loss of Rs 145.95 crore for the same quarter in the previous year. Total income of the company increased by 48.51% at Rs 1,153.04 crore for Q4FY22 as compared Rs 776.42 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported net profit of Rs 52.49 crore as compared to net loss of Rs 138.39 crore for the previous year. Total income of the company increased by 69.80% at Rs 3,162.44 crore for year under review as compared to Rs 1,862.43 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported net profit of Rs 68.63 crore as compared to net loss of Rs 272.94 crore for the previous year. Total income of the company increased by 66.19% at Rs 3,496.50 crore for year under review as compared to Rs 2,103.93 crore for year ended March 31, 2021.
