Chemical
TGV Sraac posts higher income, profit in Q4 FY22
Company's net profit jumped 2,786% to reach Rs.68.40 crores in Q4FY22
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By ICN Bureau | May 20, 2022
TGV Sraac Ltd (formerly Sree Rayalaseema Alkalies and Allied Chemicals Ltd.) has reported a 107% rise in total income at Rs.537.64 crores in Q4FY22 as against to Rs.259.47 crores in the same quarter last year.
Net profit also jumped 2,786% to reach Rs.68.40 crores in Q4FY22 as against Rs.2.37 crores for the period ended March 31, 2021.
The company has reported EPS of Rs.6.39 for the period ended March 31, 2022 as compared to Rs.0.22 for the period ended March 31, 2021.
For the full year, the company's total income grew by 50% to reach Rs.1532.34 crores in FY22 as compared to Rs.1018.60 crores in FY21.
Net profit for the full year increased 363% and stood Rs.134.17 crores as against Rs.28.95 crores for the Financial Year ended March 31, 2021.
The company has reported EPS of Rs.12.53 for the Financial Year ended March 31, 2022 as compared to Rs.2.72 for the Financial Year ended March 31, 2021.
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