Vascon Engineers has reported results for fourth quarter and year ended March 31, 2022.
The company has reported 4- fold jump in its net profit at Rs 6.31 crore for the quarter under review as compared to Rs 1.54 crore for the same quarter in the previous year. Total income of the company increased by 13.% at Rs 153.08 crore for Q4FY22 as compared Rs 135.25 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over 4-fold jump in its net profit at Rs 10.82 crore for the quarter under review as compared to Rs 2.55 crore for the same quarter in the previous year. Total income of the company increased by 16.52% at Rs 223.27 crore for Q4FY22 as compared Rs 191.61 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported net profit at Rs 33.49 crore as compared to net loss of Rs 36.87 crore for the previous year. Total income of the company increased by 40.14% at Rs 516.36 crore for year under review as compared to Rs 368.46 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported net profit at Rs 35.92 crore as compared to net loss of Rs 40.28 crore for the previous year. Total income of the company increased by 36% at Rs 706.24 crore for year under review as compared to Rs 519.29 crore for year ended March 31, 2021.
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