INDAG Rubber Q4FY22 and Year Ended result : Income grew by 0.04%, but Profit fall 59.6% to ₹0.59 Cr YoY

Profit of ₹0.59 crore in the quarter ended on March 31, 2022 as against ₹1.46 crore in the corresponding quarter ended in last year on Mar 31, 2021. The PAT surges down by 59.6%.

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Indag Rubber Ltd., incorporated in the year 1978, is a Small Cap company (having a market cap of ₹211.18 Crore) operating in Rubber sector of India. Indag Rubber Ltd. key Products/Revenue Segments include Rubber Tread (Precured), Scrap, Sale of services and Export Incentives for the year ending 31-Mar-2021. The company has reported its Q4FY22 and year ended financial results today, the details are as reported below :

(I) Audited Consolidated Financial Results for Quarter Ended (YoY comparison):

The company has reported, a consolidated Total Income of ₹45.92 crore in the quarter ended on March 31, 2022 as against ₹45.90 crore in the corresponding quarter ended last year on Mar 31, 2021, increased by 0.04%.

The company has posted a consolidated Net Profit of ₹0.59 crore in the quarter ended on March 31, 2022 as against ₹1.46 crore in the corresponding quarter ended in last year on Mar 31, 2021. The PAT surges down by 59.6%.

The status of the EPS of the company stood at ₹0.23 as on March 31, 2022 compared to the previous quarter ended on Mar 31, 2021 which was ₹0.56, down by 58.92%.

₹*Mar 31, 2022Dec 31, 21Mar 31, 21
Total Income45.9249.5545.90
Total Expenses45.1347.4843.72
PBT /(Loss)0.792.052.03
Total Tax /(credit)0.190.150.57
PAT /(Loss)0.591.861.46
*figures are in Crores

(II) Audited Consolidated Financial Result details for the Year Ended :

The company has reported, a consolidated Total Income of ₹173.40 crore in the financial year ended on March 31, 2022 as against ₹173.88 crore for the financial year ended on Mar 31, 2021, decreased by 0.27%.

The company has posted a consolidated Net Profit of ₹2.05 crore in the financial year ended on March 31, 2022 as against ₹2.81 crore for the financial year ended on March 31, 2021. The PAT surges down by 27.04%.

The status of the EPS of the company stood at ₹0.74 as on March 31, 2022 compared to the previous year ended on March 31, 2021 which was ₹0.85, down by 12.94%.

₹*Mar 31, 2022 (FY22)Mar 31, 2021 (FY21)
Total Income173.40173.88
Total Expenses170.67157.14
PBT /(Loss)2.262.262.98
Total Tax /(credit)0.450.76
PAT /(Loss)2.052.81
*figures are in Crores

The stocks of INDAG Rubber ltd last hit in BSE,

  • Intraday High of ₹ 81.50
  • Intraday low of ₹ 79.15