Sunday, 15 May 2022

Kotyark Industries Limited reports H2 and FY22 results

 

Vadodara (Gujarat) [India], May 13 (ANI/PNN): Kotyark Industries Limited, India’s only pure play listed Biodiesel Company, has announced its financial results for the half-year and year ended March 31, 2022. The company announced an increase of 727 per cent in profit and declares dividend of Rs 2.

Financial Highlights for the half-year ended March 31, 2022: -Revenue from Operations stood at Rs 8,974.83 Lakhs in H2FY22 compared to Rs 3,470.91 Lakhs in H2FY21 and Rs 6,629.76 Lakhs in H1FY22, an increase of 159 per cent YoY and 35 per cent sequentially

-EBITDA (excluding Other Income) stood at Rs 956.04 Lakhs in H2FY22, an increase of 450 per cent YoY and 202 per cent sequentially-EBITDA margins stood at 10.7 per cent in H2FY22, an increase of 565 bps YoY and 588 bps sequentially PAT stood at Rs 666.65 Lakhs in H2FY22 compared to Rs 72.82 Lakhs in H2FY21 and Rs 197.37 Lakhs in H1FY22, an increase of 815 per cent YoY and 238 per cent sequentially…Read More

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