Ruchi Soya Q4 results: Net profit at ₹234 crore, maiden dividend announced
However, company has reported ₹806.30 crore net profit in FY22, which stood at ₹680.77 crore in FY21
Ruchi Soya Q4 results: Ruchi Soya Industries Limited has announced its fourth quarter results today. The FMCG company reported a net profit of ₹234.43 crore in 4th quarter of the financial year ended on March 31st, 2022 (Q4FY22).
In its board meeting held today, the company board recommended a divided of ₹5 (250 per cent) per equity share in FY2021-22.
In Q4FY22, Ruchi Soya net profit stands at ₹234.43 crore, which stood at ₹314.33 crore in Q4FY21, reporting a dip of near 25 per cent in YoY terms.
However, company has reported ₹806.30 crore net profit in FY22, which stood at ₹680.77 crore in FY21.
So, the company's net profit in FY22 has surged around 18.50 per cent against company's net profit in FY2020-21.
This could become possible because company managed to register growth in both revenue from operations and other sources of income.
In FY22, Ruchi Soya Limited has reported ₹24,205.37 crore revenue from operations which stood at ₹163.18 crore in FY21.
This led to jump in company's total income from ₹163.82 crore in FY21 to ₹242.84 crore in FY22.
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