Kaveri Seed Company reports consolidated net loss of Rs 11.77 crore in the March 2022 quarter

Sales rise 3.63% to Rs 66.58 crore

Net Loss of Kaveri Seed Company reported to Rs 11.77 crore in the quarter ended March 2022 as against net loss of Rs 17.37 crore during the previous quarter ended March 2021. Sales rose 3.63% to Rs 66.58 crore in the quarter ended March 2022 as against Rs 64.25 crore during the previous quarter ended March 2021.

For the full year,net profit declined 31.58% to Rs 212.45 crore in the year ended March 2022 as against Rs 310.50 crore during the previous year ended March 2021. Sales declined 6.40% to Rs 969.98 crore in the year ended March 2022 as against Rs 1036.31 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales66.5864.25 4 969.981036.31 -6 OPM %-16.37-24.62 -20.8828.76 - PBDT-6.64-11.74 43 243.68343.26 -29 PBT-12.34-17.36 29 222.75321.01 -31 NP-11.77-17.37 32 212.45310.50 -32

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