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Wednesday, 11 August 2021

Pricol reports INR 292.75-cr Revenue from Operations for its

 Pricol reports INR 292.75-cr Revenue from Operations for its Standalone Operations in Q1 FY22 with a growth of 181.58% over corresponding quarter in FY21.

The Board of Directors at Pricol Limited (BSE: 540293; NSE: PRICOLLTD), one of India’s leading automotive component and precision engineered product manufacturers, today approved the unaudited financial results for the quarter ended on June 30, 2021

Performance Highlights for Standalone Operations INR in Cr

Particulars

Q1 – FY21

Q1 – FY22

Total Income

117.36

306.52

Revenue from Operations

103.97

292.75

Operational EBITDA

2.40

32.70

Profit Before Tax (PBT)

(31.22)

4.06

Profit After Tax (PAT)

(28.93)

2.41

Q1 (2021 – 2022)

 §  Total Income stood at INR 306.52-cr in the quarter ended June 30, 2021, as against INR 117.36-cr in the corresponding quarter in FY21

§  Revenue from operations for the first quarter of FY22 stood at INR 292.75-cr as compared to INR 103.97-cr in the first quarter of FY21

§  The Company’s Earnings before Interest, Tax, Depreciation and Amortization (Operational EBITDA) stands at INR 32.70-cr for the April – June 2021 quarter, as against INR 2.40-cr in April - June 2020

§  Profit Before Tax (PBT) stood at INR 4.06-cr for the first quarter of FY22 as compared to a loss of INR 31.22-cr in the first quarter of FY21

§  Profit After Tax (PAT) stands at INR 2.41 -cr in Q1 (2021 – 2022) as against INR (28.93-cr) in Q1 (2020 – 2021)

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