ITI has reported results for fourth quarter and year ended March 31, 2022.
The company has reported a rise of 77.54% in its net profit at Rs 357.38 crore for the quarter under review as compared to Rs 201.29 crore for the same quarter in the previous year. Total income of the company increased by 2.70% at Rs 1,367.04 crore for Q4FY22 as compared Rs 1,331.06 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 78.33% in its net profit at Rs 356.06 crore for the quarter under review as compared to Rs 199.66 crore for the same quarter in the previous year. Total income of the company increased by 2.70% at Rs 1,367.04 crore for Q4FY22 as compared Rs 1,331.06 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported around 11-fold jump in its net profit at Rs 121.06 crore as compared to Rs 11.20 crore for the previous year. However, total income of the company decreased by 16.18% at Rs 2,115.30 crore for year under review as compared to Rs 2,523.56 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported around 13-fold jump in its net profit at Rs 119.70 crore as compared to Rs 9.48 crore for the previous year. However, total income of the company decreased by 16.18% at Rs 2,115.30 crore for year under review as compared to Rs 2,523.56 crore for year ended March 31, 2021.
