D.P. Abhushan sales grow by 61% yoy, revenue jumps 81% yoy for Q3 FY22

20 Jan 2022 , 04:53 PM

On Thursday, D.P. Abhushan Limited has reported its Q3 financial results and announced the opening of a new showroom in the Banswara City of Rajasthan.

The company reported stellar growth in its performance with a reported increase of 61% YoY in its consolidated sales, and 81% YoY in its PAT for Q3 FY’22 against the previous same quarter for FY 20-21.

The consolidated revenue for the quarter ended December 2021 was Rs 668 crore against Rs 414 crore for the quarter ending December 2020. While the consolidated revenue for the 9M period stood at Rs 1,291.71 crores as compared to Rs 628 Crores for the previous corresponding 9M period.

The consolidated net profit after tax for the Quarter ended December 2021 was Rs. 15.78 Crore against Rs 8.72 crore in the same quarter of the previous year.

Considering the company’s robust performance, its share ended on a positive note in todays’ trade at Rs 403, up by Rs 5.95 (1.5%) against its previous closing price of Rs 397.05. The scrips touched an intraday high of Rs 418.90, and a low of Rs 397.05.

The company operates a total of seven showrooms in Indore, Ratlam, Bhopal, Ujjain, Udaipur, Bhilwara & Kota and is opening the eighth showroom in Banswara City of Rajasthan on 22nd January 2022.