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Jindal Poly Films hits the roof on robust Q4 earnings
27-May-22   15:26 Hrs IST

Revenue from operations jumped 49.52% year on year to Rs 1,720.92 crore in the quarter ended 31 March 2022. Profit before tax soared 115% to Rs 618.2 crore in Q4 FY22 from Rs 287.17 crore posted in Q4 FY21.

Total expenses were up by 44.53% year on year to Rs 1,325.98 in the quarter ended 31 March 2022. Cost of raw materials consumed rose 31.35% year on year to Rs 1,024.81 crore during the period under the review.

On full year basis, the packaging company reported 51.25% surge in net profit to Rs 1,196.23 crore on a 43.98% in net sales to Rs 5,877.58 crore in the financial year ended 31 March 2022 over the financial year ended 31 March 2021.

The board recommended a dividend of Rs 5 per equity share for the financial year ended 31 March 2022.

Jindal Poly Films is engaged in diverse business activities including manufacturing of polyester film, polypropylene film, steel pipes and photographic products.

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