Improvement in Q4 results
Net profit of companies jumped over 6 times in Q4FY21 as compared with that in Q4FY20
- Jun 28, 2021,
- Updated Jun 28, 2021 5:06 PM IST
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Net sales recorded a growth of 18.3 per cent in Q4FY21 as compared with 4.4 per cent growth in Q3FY21 and contraction of 4.3 per cent in Q4FY20.
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Total expenditure also zoomed 19.5 per cent in Q4FY21, which to some extent would have pressured the overall profits.
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Operating profit of companies recorded a growth of 43.9 per cent in Q4FY21 as compared to a growth of 13 per cent in Q3FY21.
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Net profit of companies jumped over 6 times in Q4FY21 as compared with that in Q4FY20 on the back of robust pick-up in net sales.
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Operating Profit (OP) margin continued to remain elevated at 22.8 per cent in Q4FY21, almost at the same level as Q3FY21 but much higher than 18.8 per cent in Q4FY20.
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Profit After Tax (PAT) margin for the aggregate sample rose to 10.2 per cent in Q4FY21 following a marginal dip to 8.6 per cent in Q3FY21.