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Murugappa Group posts 23% rise in net profit in FY22, manufacturing grows

Murugappa Group's turnover increased by 31 per cent to Rs 54,722 crore, as against Rs 41,706 crore in 2020-21

Murugappa
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Shine Jacob Chennai
Chennai-based Murugappa Group on Thursday reported a 23 per cent rise in net profit at Rs 5,520 crore for the financial year 2021-22, compared to Rs 4,481 crore during the same period in 2020-21.

The group’s turnover increased by 31 per cent to Rs 54,722 crore, as against Rs 41,706 crore in 2020-21. Earnings before interest, taxes, depreciation and amortisation (EBITDA) posted a growth of 30 per cent to Rs 8,343 crore, compared to Rs 6,404 crore the previous year. Manufacturing entities of the group generated a free cash flow of Rs 2,693 crore (compared to Rs 5,049 crore in

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First Published: Jun 30 2022 | 4:34 PM IST

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