Chemical
Chambal Fertilisers posts lower profits on higher income in Q4FY22
Company has reported a 101% growth in total income at Rs. 3331.67 crores in Q4FY22
- By ICN Bureau
| May 20, 2022
Chambal Fertilisers and Chemicals Ltd has reported a 101% growth in total income at Rs. 3331.67 crores in Q4FY22 as compared to Rs.1656.01 crores in the same period in Q4FY21.
However the net profit declined by 45% to reach Rs.243.57 crores in Q4FY22 versus Rs.447.89 crores for the period ended March 31, 2021.
EPS for the fourth quarter dropped by 45% to reach Rs.5.85 as compared to Rs.10.76 for the period ended March 31, 2021.
The company's board has recommended a final dividend of Rs. 3.00 (i.e. 30%) per equity share of Rs. 10 each. The final dividend shall be paid within the prescribed time after the conclusion of the next Annual General Meeting, subject to the approval of the shareholders of the Company.
For FY22, the company's total income grew 26% to reach Rs.16136.83 crores as compared to Rs.12766.38 crores during the Financial Year ended March 31, 2021.
Full year net profit dropped by 5% to reach Rs.1565.98 crores in FY22 as against Rs.1654.76 crores for the Financial Year ended March 31, 2021.
The company has reported EPS of Rs.37.62 for the Financial Year ended March 31, 2022 as compared to Rs.39.76 for the Financial Year ended March 31, 2021.
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