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Friday 6 May 2022

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Blue Dart Express: The express air and integrated transportation company posted a growth of 20.7 percent YoY in its standalone profit after tax of Rs 135 crore for Q4FY22 as compared to a profit of Rs 89 crore during the same period last year. The growth in profit was aided by higher revenues and cost efficiency initiatives that improved margins. Revenue from operations for the quarter for the quarter jumped 21 percent on year to Rs 1,166 crore as compared to Rs 966 crore in the year ago period. Growth in revenues was driven by volume growth and better realizations. The company declared a total dividend of Rs 60 per equity share for FY21-22. 

DCM Shriram: DCM Shriram declare a 73 percent increase in its net profit at Rs 401 crore for Q4FY22 as compared to Rs 232 crore during the same period last year. Its net revenue from operations grew 28 percent on year to Rs 2,796 crore as compared to Rs 2,191 crore last year driven by growth across its businesses of Chemicals, Vinyl, Fertilizers, Fenesta and Farm Solutions. Sugar revenues were down during the quarter. Higher realizations for the above businesses aided the growth in the profit for the quarter. The company declared a final dividend of 245 percent taking the total dividend for the year to 735 percent. 

Ceat: Ceat posted a decline of 83 percent in its consolidated net profit for Q4FY22 to Rs 25.25 crore as compared to Rs 153 crore during the same period last year. The surge in cost of raw materials resulted in the decline in profits. The revenues however increased 13 percent on year to Rs 2,592 crore. For the full year period, the profit was lower by 84 percent to Rs 71 crore compared to Rs 432 crore in FY21. Revenues for FY22 increased 23 percent to Rs 9,363 crore. The company declared a dividend of Rs 3 per equity share for FY22.

Tribhovandas Bhimji Zaveri: Profit after tax for the quarter declined 72 percent to Rs 2.43 crore as compared to Rs 8.6 crore reported during the same period last year due to the impact of the pandemic and geo-political crisis on the overall demand. The revenues however improved 18 percent on year to Rs 431 crore compared to Rs 366 crore during last year quarter. For FY22, profit has declined by 60 percent to Rs 17 crore from Rs 43 crore in FY21. Full year revenue increased 37 percent to Rs 1,844 crore. The company has declared a dividend of Re 1 per equity share for FY22. 

Blue Star: Consolidated net profit for the quarter increased by 12 percent on year to Rs 76.27 crore compared to Rs 68.09 crore during the same period a year ago. Revenue from operations for the company jumped 39.5 percent to all-time high of Rs 2,247.58 crores compared to Rs 1,611.56 crore in Q4FY21. Net Profit for the year was Rs 168.00 crores compared to Rs 100.66 crores in FY21, representing a growth of 66.9 percent. Revenue from Operations of Rs 6,045.58 crores for the year grew 41.8 percent compared to Rs 4,263.59 crore during FY21. The company recommended a dividend of Rs 10 per equity share of Rs 2 each for FY22. 

Sona BLW Precision Forgings: Profit after tax for the quarter surged 76 percent to Rs 105 crore as compared to Rs 60 crore reported during the same period last year due to lower employee cost and tax credit pertaining to previous years. The revenues however improved 2 percent on year to Rs 550 crore compared to Rs 539 crore during last year quarter. For FY22, profit increased by 68 percent to Rs 362 crore from Rs 215 crore in FY21. Full year revenue increased 36 percent to Rs 2,130 crore. The company has declared a dividend of Re 0.77 per equity share for FY22

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