“Operations in Q1FY21 was impacted due to Covid-19 lockdown. The second wave of Covid-19 also affected the operations in Q1FY22 due to partial lockdown in most of the States in Q1FY22,” the company said in a filing on Wednesday.
For Q1FY22, Profit After Tax recorded a substantial improvement to Rs14.22cr as against a loss of Rs(77.63)cr in Q1FY21. Profit Before Tax also showed turnaround to Rs14.31cr from loss of Rs77.63 in Q1FY21. EBITDA for the quarter under review improved to Rs35.37cr as against EBITDA loss of Rs(37.43)cr in Q1FY21.