KEI Industries rises after decent Q4 outcome

10 May 2022 , 09:33 AM

Revenue from operations grew 43.8% to Rs 1791.71 crore in Q4 FY22 from Rs 1,246 crore posted in the corresponding period last year. Profit before tax rose 38% year on year to Rs 155.9 crore in Q4 FY22 over Q4 FY21. Consolidated EBITDA jumped 28% to Rs 180 crore in Q4 FY22 over Q4 FY21. Meanwhile, EBITDA margin declined to10.03% in Q4 FY22 from 11.23% in Q4 FY21. KEI said margin declined due to normalization of expenses of pre-COVID level and sharp fluctuation in input costs. KEI said it has a pending order book of Rs 2,419 crore as of 31 March 2022. On a full year basis, the company reported a 39.5% jump in consolidated net profit to Rs 376 crore on a 36.9% jump in net sales to Rs 5,726.55 crore in financial year ended 2022 over financial year ended 2021. KEI Industries is involved in manufacturing low tension, high tension and extra high voltage cables, along with control and instrumentation and specialty cables, house wires and stainless-steel wires. Powered by Capital Market – Live News