Quess Corp climbs ~2% as PAT grows by a whopping 232% yoy in Q4FY22; EBIDTA jumps 388% yoy

27 May 2022 , 03:31 PM

Quess Corp Limited announced its results for the quarter and financial year ended March 31, 2022.

The company reported a revenue of Rs13,692 crore during FY22, registering a growth of 26% yoy against Rs10,837 crore during the previous financial year. For Q4FY22, the company has logged growth of 26% yoy at Rs3,792 crore as against Rs3,005 crore in the previous corresponding quarter.

EBITDA for Q4FY22 was reported at Rs185 crore as compared to Rs38 crore in the previous corresponding quarter, up by 388% yoy. EBITDA for FY22 stood at Rs623 crore as against Rs458 crore in FY21, clocking a growth of 36% yoy.

PAT during Q4FY22 jumped 232% at Rs77 crore as compared to a loss of Rs58 crore in Q4FY21. For FY22, PAT was reported at Rs251 crore as compared to Rs74 crore in FY21, up by 241% yoy.

EBITDA margin for the quarter and financial year ended March 31, 2022, were 4.87% and 4.55% respectively.

Company achieved a PAT margin of 2.02% in Q4FY22, and 1.83% in FY22.

Quess Corp is currently trading at Rs664.50 up by Rs11.45 or 1.75% from its previous closing of Rs653.05 on the BSE. The scrip touched intraday high and low of Rs700 and Rs657.25 respectively.