Revenue rose more than 10 per cent to USD 28 billion.
Income increased to Rs 561.47 crore over Rs 531.55 crore in the year-ago period.
The company in a statement, said the order intake during the year ending March 31, 2022 was at Rs 3,647 crore pushing the overall order book to breach Rs 10,000 crore including framework contacts.
“Our performance in the March quarter and FY22 underscores the resilience of our business model,” says managing director and chief executive officer
Its total income during January-March increased to Rs 11,067.94 crore compared to Rs 10,816.33 crore recorded in the corresponding period of FY21.
According to the filing, the board of the company has also approved a final dividend of Rs 0.40 per share on the paid up share capital of the company for the financial year 2021-22.
The company’s revenue from operations stood at Rs 901 crore, up 18 per cent YoY, as compared to Rs 761 crore in Q4FY21.
For the fiscal ended March 31, 2022, consolidated net profit was at Rs 543.82 crore as against Rs 236.72 crore in the previous fiscal, JK Paper said.
For the financial year ending March 31, 2022, the profit after tax was at Rs 35.6 crore. Total revenue during the quarter under review grew to Rs 116.2 crore from Rs 89.8 crore registered the same period last fiscal.
The total income during the January-March quarter of 2021-22 rose to Rs 5,384.88 crore from Rs 4,811.18 crore in the same period of FY21, IDFC First Bank said in a regulatory filing.
The lender on April 30 reported its January-March net profit at Rs 367 crore as against a loss of Rs 3,788 crore in the same period last year. This was led by lower provisions, higher net interest income and an improvement in asset quality.
Analysts said the bank’s growth was driven by its corporate customers, of which small and medium enterprises constituted a major part.
The company, which is ace investor Rakesh Jhujhunwala’s largest stock holding, said its network expansion and campaigns have continued to progress well in anticipation of an upbeat Q1 FY23 which is expected to be normal after a gap of two years of lockdowns in the same period.
The company's revenue growth in the quarter was in the low single digits, while the volumes were marginally positive on an exceptionally high 25 percent base, which has led to double-digit volume growth on a two-year CAGR basis.
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This comes at a time when its peers, TCS and Wipro, said that there will not be any new recruitments for the coming year though the offers will be honoured.
The company has announced final dividend of Rs 13.50 per share subject to shareholders approval.
Sanjay Jalona, CEO and Managing Director for L&T Infotech said that apart from digital transformation the company has also seen broad-based growth.
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"The rise in PAT has been mainly due to growth in operating revenue and other income, while expenses have increased moderately," Icra said in a statement.