Ethos logs 397% yoy growth in PAT at Rs23.39 crore for FY22; Revenue at Rs577.28 crore

31 May 2022 , 03:57 PM

Ethos Limited announced its first financial results post listing of its for the fourth quarter and financial year ended March 31, 2022.

The company reported a revenue of Rs158.69 crore in Q4FY22, up by 28.91% yoy as against Rs123.10 crore in Q4FY21. Revenue for FY22 was reported at Rs577.28 crore as compared to Rs386.57 crore in FY21, clocking a growth of 49.33% yoy.

The company’s EBITDA stands at Rs79.41 crore for FY22, as compared to Rs56.10 crore in FY21, up by 41.55% yoy. The company’s EBITDA margin was reported at 13.46% in FY22 against 13.96% in FY21 primarily on account of rental waiver due to COVID-19 lockdowns.

EBITDA for Q4FY22 stood at Rs22.99 crore as compared to Rs17.94 crore in Q4FY21, up by 28.15% yoy.

Company’s PAT for the quarter under review stands at Rs7.84 crore as compared to Rs4.51 crore in the previous corresponding quarter. PAT for FY22, was reported at Rs23.39 crore, registering a growth of 397% yoy against Rs4.76 crore in the previous year.

The Company’s PAT margin stood at 3.96% in FY22 vs 1.18% in FY21. The company clocked ROCEs of 12.95% and ROEs of 13.6% in FY22.

Ethos Limited’s counter ended at Rs803, down by 0.0120% against previous close of Rs803.10 on NSE. It touched day’s high and low of Rs818 and Rs801.10 respectively.