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Textiles maker Sintex Industries Ltd on Monday reported narrowing of consolidated net loss to Rs 119.30 crore for fourth quarter ended March 2022.

The company had incurred a net loss of Rs 144.05 crore during January-March period a year ago, Sintex Industries said in a regulatory filing. Revenue from operations was up at Rs 1,028.49 crore during the quarter under review as against Rs 721.62 crore in the corresponding period of previous fiscal year.

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Total expenses were at Rs 1,189.41 crore as against Rs 894.06 crore.

For the fiscal year ended March 2022, it reported a net profit of Rs 573.82 crore as compared to Rs 1,306.41 crore profit in 2020-21.

Revenue from operations was Rs 3,059.70 crore in 2021-22. This is 80.43 per cent higher than Rs 1,695.71 crore in the previous year. PTI KRH KRH ANU ANU

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