KN Agri Resources Limited Registers Significant Growth in EBITDA, PBT and PAT

27 May 2022 , 02:32 PM

Business Wire India

• Registers 83% growth in PAT at INR 471.90 Mn
• Total income increases by 45% over previous year

KN Agri Resources Limited – a diversified conglomerate with interests spanning across industries like Soybean Processing, Edible Oil Refining, Wheat Milling, Lecithin, Ethanol and Wind Power Generation – has reported its financial performance for the full year ended March 31, 2022.

Highlights of the results for the full year are summarized below –
 

FINANCIAL HIGHLIGHTS

 

• Total income up by 45% over the previous year, driven by massive increase in demand and prices of agri products.
• A 59% growth in EBITDA – which stands at INR 696.60 Mn
• A sharp increment of 81% in PBT which stands at INR 636.99 Mn 
• A 83% increase in PAT at INR 471.90 Mn

	FY22	FY21
Total Income	18848.00	13011.93
EBITDA	696.60	439.20
EBITDA Margin	3.70%	3.38%
Profit / (Loss) Before Tax	636.99	351.34
Profit / (Loss) After Tax	471.90	258.45

 
 

 

MANAGEMENT COMMENTS

Mr. Vijay Shrishrimal, Chairman & Managing Director, KN Group

 “The results this year demonstrate our unwavering commitment to operational excellence and providing superior results to our partners, shareholders, and investors. Over the previous year, our overall income grew by 45%. This year, agri business has been a real game-changer in the Indian market. With the right support from our partners and stakeholders, we look forward for a successful year ahead.”
About KN Agri Resources Limited

The KN Group is a diversified conglomerate with interests spanning across industries like Soybean Processing, Edible Oil Refining, Wheat Milling, Rice milling, Agro Commodities Exports, Edible Oils Imports, Lecithin, Ethanol and Wind Power Generation. The Group is committed to being a catalyst of positive change in communities, societies and business sectors in which it operates.

For more information, please visit https://kngroup.in/

Safe harbour

This presentation contains forward-looking statements based on the currently held beliefs and assumptions of the management of the Company, which are expressed in good faith and, in their opinion, reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of the Company or industry results, to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements. Given these risks, uncertainties and other factors, recipients of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments.

Disclaimer

Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.