Indian Acrylics Ltd consolidated Q4FY22 loss widens to Rs. 23.83 crores

INDIAN ACRYLICS LTD. has reported Consolidated financial results for the period ended March 31, 2022.

Financial Results (Q4 FY2022) - QoQ Comparison

The company has reported total income of Rs. 225.3541 crores during the period ended March 31, 2022 as compared to Rs. 153.1866 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. -23.8360 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. -11.7577 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. -1.76 for the period ended March 31, 2022 as compared to Rs. -0.87 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 225.3541 crs	₹153.1866 crs	47.11%
Net Profit	₹-23.8360 crs	₹-11.7577 crs	102.73%
EPS	₹-1.76	₹-0.87	102.30%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 225.3541 crores during the period ended March 31, 2022 as compared to Rs.166.1425 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.-23.8360 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.22.2337 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.-1.76 for the period ended March 31, 2022 as compared to Rs.1.64 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 225.3541 crs	₹166.1425 crs	35.64%
Net Profit	₹-23.8360 crs	₹22.2337 crs	-207.21%
EPS	₹-1.76	₹1.64	-207.32%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.623.8400 crores during the Financial Year ended March 31, 2022 as compared to Rs.533.7005 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.-76.0771 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.6.2804 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.-5.62 for the Financial Year ended March 31, 2022 as compared to Rs.0.46 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹623.8400 crs	₹533.7005 crs	16.89%
Net Profit	₹-76.0771 crs	₹6.2804 crs	-1,311.34%
EPS	₹-5.62	₹0.46	-1,321.74%

Shares of INDIAN ACRYLICS LTD. was last trading in BSE at Rs. 13.11 as compared to the previous close of Rs. 13.28. The total number of shares traded during the day was 16794 in over 79 trades.

The stock hit an intraday high of Rs. 13.49 and intraday low of 12.87. The net turnover during the day was Rs. 219449.00.

Source : Equity Bulls

Keywords

IndianAcrylics Q4FY22 FY2022 ResultUpdate