Kinetic Engineering stand-alone net income declines 55.04% in the March 2022 quarter

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Sales increase by 4.78% to Rs 33.07 crore

Kinetic Engineering’s net profit decreased by 55.04% to Rs 0.58 crore in the quarter ended March 2022 from Rs 1.29 crore in the previous quarter ended March 2021. Sales increased by 4, 78% to Rs 33.07 crore in the quarter ended March 2022 compared to Rs 31.56 crore in the previous quarter ended March 2021.

For the full year, net profit was reported at Rs 1.36 crore in the year ended March 2022 against a net loss of Rs 6.23 crore in the previous year ended March 2021. Sales increased by 45.54% to Rs 121.42 crore in the year ended March 2022 from Rs 83.43 crore in the previous year ended March 2021.



DetailsQuarter endedYear endedMarch 2022March 2021% Var.March 2022March 2021% Var.Sales33.0731.56 5 121.4283.43 46 OPM%9.1311.98 9.574.58 PBDT2.182.93 -26 7.830.55 1324 PBT0.581.29 -55 1.36-6.23 LP NP0.581.29 -55 1.36-6.23 LP

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


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First published: Wednesday, May 25, 2022. 1:22 PM IST

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