FACT jumps after Q4 PAT climbs 57% YoY

6 May 2022 , 02:12 PM

On a consolidated basis, profit before tax (PBT) rose 78% year-on-year to Rs 263.94 crore in Q4 March 2022. Durign the quarter, total expenses surged 110.54% to Rs 1,463.89 crore. Cost of material consumed soared 151.52% to Rs 954.57 crore while employee expense jumped 53.62% to Rs 61.17 crore. FACTs net profit rose 0.80% to Rs 353.28 crore on 35.78% rise in net sales to Rs 4424.80 crore in the year ended March 2022 over the year ended March 2021. PBT rose 26% YoY to Rs 442.34 crore in FY22. FACT is a government-owned fertiliser and chemical maker. It is under the administrative control of the Department of Fertilizers, Ministry of Chemicals & Fertilizers, Government of India. The Government of India holds 90% in FACT. Powered by Capital Market – Live News