Kanani Industries consolidated net profit rises 661.54% in the March 2022 quarter

Sales decline 51.45% to Rs 42.55 crore

Net profit of Kanani Industries rose 661.54% to Rs 0.99 crore in the quarter ended March 2022 as against Rs 0.13 crore during the previous quarter ended March 2021. Sales declined 51.45% to Rs 42.55 crore in the quarter ended March 2022 as against Rs 87.64 crore during the previous quarter ended March 2021.

For the full year,net profit rose 311.36% to Rs 1.81 crore in the year ended March 2022 as against Rs 0.44 crore during the previous year ended March 2021. Sales declined 6.69% to Rs 290.73 crore in the year ended March 2022 as against Rs 311.58 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales42.5587.64 -51 290.73311.58 -7 OPM %1.340.09 -0.590.28 - PBDT1.140.17 571 2.100.64 228 PBT1.120.15 647 2.010.54 272 NP0.990.13 662 1.810.44 311

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