Indowind Energy has reported results for fourth quarter and year ended March 31, 2022.
The company has reported net loss of Rs 1.03 crore for the quarter under review as against net profit of Rs 0.54 crore for the same quarter in the previous year. However, total income of the company increased by 26.55% at Rs 4.48 crore for Q4FY22 as compared Rs 3.54 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss of Rs 1.05 crore for the quarter under review as against net profit of Rs 0.61 crore for the same quarter in the previous year. However, total income of the company jumped around 3-fold at Rs 7.59 crore for Q4FY22 as compared Rs 2.58 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported fall of 45.45% in its net profit at Rs 0.12 crore as compared to Rs 0.22 crore for the previous year. However, total income of the company increased by 9.07% at Rs 20.09 crore for year under review as compared to Rs 18.42 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported fall of 40.91% in its net profit at Rs 0.13 crore as compared to Rs 0.22 crore for the previous year. However, total income of the company increased by 30.58% at Rs 26.99 crore for year under review as compared to Rs 20.67 crore for year ended March 31, 2021.
