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Kranti Industries consolidated net profit declines 89.91% in the March 2022 quarter

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Capital Market

Sales rise 8.54% to Rs 22.87 crore

Net profit of Kranti Industries declined 89.91% to Rs 0.22 crore in the quarter ended March 2022 as against Rs 2.18 crore during the previous quarter ended March 2021. Sales rose 8.54% to Rs 22.87 crore in the quarter ended March 2022 as against Rs 21.07 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 2.22 crore in the year ended March 2022 as against net loss of Rs 0.13 crore during the previous year ended March 2021. Sales rose 68.17% to Rs 93.72 crore in the year ended March 2022 as against Rs 55.73 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales22.8721.07 9 93.7255.73 68 OPM %8.7514.10 -9.719.12 - PBDT1.392.89 -52 7.063.57 98 PBT0.271.81 -85 2.89-0.22 LP NP0.222.18 -90 2.22-0.13 LP

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First Published: May 13 2022 | 6:17 PM IST

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