Ultracab India Ltd.’s FY 22 Income Up by 19.5% to 85.25 Cr

Ultracab India Ltd. [BOM: 538706], an Indian manufacturer of wires and cables, has announced its financial results for the quarter ended 31st March 2022.

The company’s total income during Q4 of FY-22 was Rs 25.80 crore, which is 17.7% higher than the total income during the same quarter in FY-21. Profit After Tax (PAT) of the company also showed an increase YoY by 51.42% to Rs 1.06 crore from Rs 0.70 crore.

For the entire year, Ultracab’s total income was Rs 85.25 crore in 2021-2022 as against Rs 71.31 crore for the previous fiscal, thus showing a 19.5% increase. PAT from FY-21 to FY-22 showed a 53.9% increase to Rs 4.48 crore from Rs 2.56 crore.

Quarter-wise comparison of the company’s financials reveals that the total income increased by 23.03% to Rs 25.80 crore from Rs 20.97 crore clocked during Q3 FY-22. PAT rose by 29.26% to Rs 1.06 crore from Rs 0.82 crore QoQ.