Rex Pipes & Cables FY22 Results: Income Crosses 100 Cr, PAT up 68.65%
Rajasthan-based Rex Pipes & Cables Industries Ltd. (RPCIL) [NSE: REXPIPES], a manufacturer of cables, pipes and pumps, has announced its financial results for the second half of FY-22.
Comparison Of Rex Pipes & Cables’ Financial Results
Comparison of RPCIL’s Financials: FY-21 vs FY-22
For the fiscal ended 31st March 2022, the company recorded a total income of Rs 101.95 crore, which is an impressive 69.44% increase from the Rs 60.17 crore total income for FY-21.
Profit after tax for 2021-2022 was Rs 1.91 crore against Rs 1.13 crore clocked during 2020-2021. This translates to a 68.65% increase.
Comparison of RPCIL’s Financials: H1 FY-22 vs H2 FY-22
Rex Pipes & Cables reported a total income of Rs 51.08 crore for the second half of FY-22 compared to Rs 50.87 crore in the first half of the same fiscal. This shows a meagre increment of 0.4%.
PAT from H1 to H2 of FY-22 increased by 24.34%, to Rs 1.06 crore from Rs 0.85 crore.
About Rex Pipes & Cables Industries Ltd.: Rex Pipes and Cables Industries Limited was incorporated in 2002. It was earlier known as KALER ELECTRICALS PRIVATE LIMITED. The company launched it’s IPO on 28th July 2021. Its products include three-core flat cables, single-core flexible home wire, poly-wrapped winding wire along with UPVC, HDPE and sprinklers. RPCIL has two manufacturing units in Palsana, Rajasthan.