Maharashtra Scooters Q4FY22 and Year Ended result : Profit fall 44.13%, but rises 1,519% in FY22-21

Net Profit of ₹1.57 crore in the quarter ended on March 31, 2022 as against ₹2.81 crore in the corresponding quarter ended in last year on Mar 31, 2021. The PAT surges down by 44.13%.

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Maharashtra Scooters Ltd (MSL) [Check out the dividend amount here] was incorporated on June 11, 1975. It holds 3.35% stake in Bajaj Auto in addition to 4.88% stake in Bajaj Auto Finance. It is a joint sector enterprise promoted by Western Maharashtra Development Corporation (27%) and Bajaj Auto (24%). The company has posted its Q4FY22 and year ended financial results today, the details are as below :

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

The company has reported, a consolidated Total Income of ₹10.41 crore in the quarter ended on March 31, 2022 as against ₹11.25 crore in the corresponding quarter ended last year on Mar 31, 2021, decreased by 7.47%.

The company has posted a consolidated Net Profit of ₹1.57 crore in the quarter ended on March 31, 2022 as against ₹2.81 crore in the corresponding quarter ended in last year on Mar 31, 2021. The PAT surges down by 44.13%.

The status of the EPS of the company stood at ₹1.37 as on March 31, 2022 compared to the previous quarter ended on Mar 31, 2021 which was ₹2.46, down by 44.31%.

₹*Mar 31, 2022 (Q4)Dec 31, 21 (Q3)Mar 31, 21 (Q4)
Total Income10.4110.7211.25
Total Expenses8.186.278.41
PBT /(Loss)2.234.452.84
Total Tax /(credit)0.661.150.03
PAT /(Loss)1.573.302.81
*figures are in Crores

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

The company has reported, a consolidated Total Income of ₹194.46 crore in the financial year ended on March 31, 2022 as against ₹30.71 crore for the financial year ended on Mar 31, 2021, increased by 533.21%.

The company has posted a consolidated Net Profit of ₹142.71 crore in the financial year ended on March 31, 2022 as against ₹8.81 crore for the financial year ended on March 31, 2021. The PAT surges up by 1,519.86%.

The status of the EPS of the company stood at ₹124.87 as on March 31, 2022 compared to the previous year ended on March 31, 2021 which was ₹7.71, up by 1,519.58%.

₹*Mar 31, 2022 (FY22)Mar 31, 2021 (FY21)
Total Income194.4630.71
Total Expenses22.2221.67
PBT /(Loss)172.249.04
Total Tax /(credit)29.530.23
PAT /(Loss)142.718.81
*figures are in Crores

Shares of Maharashtra Scooters Ltd was last traded in BSE at ₹3955.95 as compared to the previous close of ₹3953.00. The total number of shares traded during the day was 692 in over 284 trades.

The stock last hit in BSE,

  • Intraday High of ₹ 3962.55
  • Intraday low of ₹ 3924.90