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RattanIndia Enterprises reports consolidated net loss of Rs 138 crore in Q4FY23

30 May 2023 Evaluate

RattanIndia Enterprises has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported net loss of Rs 113.23 crore for the quarter under review as against net profit of Rs 43.84 crore for the same quarter in the previous year. Total income of the company decreased by 95.58% at Rs 2.12 crore for Q4FY23 as compared to Rs 47.91 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss of Rs 138.04 crore for fourth quarter ended March 31, 2023 as against net profit of Rs 564.68 crore for the same quarter in the previous year. However, total income of the company increased by 87.78% at Rs 1,108.88 crore for Q4FY23 as compared to Rs 590.51 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported net loss of Rs 280.03 crore as against net profit of Rs 42.92 crore for the previous year. Total income of the company decreased by 87.59% at Rs 6.23 crore for year under review as compared to Rs 50.19 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported net loss of Rs 286.10 crore as against net profit of Rs 553.86 crore for the previous year. However, total income of the company increased by 597.86% at Rs 4,138.21 crore for year under review as compared to Rs 592.99 crore for year ended March 31, 2022.

RattanIndia Ent Share Price

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