Q4 Results 2022: Campus Activewear, Mallcom India and Coffee Day Enterprises declare March quarter results; here are key highlights
Q4 Results 2022: Listed companies including Campus Activewear, Mallcom India and Coffee Day Enterprises announced their March quarter results on Tuesday. Here are key highlights of the quarterly earnings
Q4 Results 2022: Listed companies including Campus Activewear, Mallcom India and Coffee Day Enterprises announced their March quarter results on Tuesday. This is the last leg of the Q4 earnings season. here are key highlights of the quarterly earnings.
Campus Activewear Q4 results 2022: net profit up three-fold to Rs 39.6 crore
Campus Activewear Ltd on Tuesday reported over three-fold increase in its consolidated net profit at Rs 39.60 crore for the fourth quarter ended March 2022.
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The shoemaker, which was listed on BSE earlier this month, had posted a net profit of Rs 10.01 crore in the January-March quarter a year ago, said Campus Activewear Ltd in a regulatory filing.
Its revenue from operation rose 28.07 per cent to Rs 352.33 crore against Rs 275.10 crore in the year-ago period.
"Net profit during the quarter stood at Rs 39.61 croe, PAT (Profit After Tax) margins expanded by 760 basis points year-on-year to 11.2 per cent in Q4 FY22," said Campus Activewear in a post-earnings statement.
The company's total expenses were at Rs 295.30 crore, up 31.05 per cent in Q4 FY22 compared to Rs 225.32 crore in Q4 FY21.
For the entire fiscal ended March 2022, Campus Activewear's net profit was up over four-fold to Rs 124.41 crore. It had reported a net profit of Rs 26.86 crore in the previous fiscal.
Its revenue from operations was Rs 1,194.18 crore in 2021-22. This is 67.89 per cent higher than Rs 711.28 crore in FY21.
Campus Activewear chairman and managing director H K Agarwal said the company achieved its "highest-ever revenue" in a financial year, despite multiple disruptions caused by the second wave of COVID-19,
Omicron variant scare and a hike in GST rates.
"The company continues to reap benefits from its strategic blend of in-house capability and backward integration enabling flexibility in design, quality control, cost control and timing to market. Campus
Activewear's design team is well-equipped to identify emerging international fashion footwear trend and customise it, thereby bringing customer delight to the Indian market," he said.
Campus Activewear aspires to strengthen its footprints in western and southern parts of India.
"The company will continue to accentuate its omni-channel experience with a sustained focus on premiumisation and product diversification across product segments and categories. With rising disposable income and increasing health quotient amongst consumers, Campus Activewear is well-placed to reap the benefits of the growing sports and athleisure footwear industry in India," Agarwal added.
Campus Activewear shares ended at Rs 365.50 on the NSE, and were up 1.5 per cent from the Monday closing price.
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Mallcom India Q4 results 2022: net profit dips 11% to Rs 9.26 cr in January-March
Protective gear maker Mallcom India Ltd on Tuesday reported an 11 per cent drop in its consolidated net profit to Rs 9.26 crore for the quarter ended March 2022.
The company had clocked Rs 10.43 crore net profit a year ago, it said in a statement.
The net revenue increased 6.73 per cent to Rs 106.8 crore in the quarter under review from Rs 100.06 crore in the fourth quarter of FY21.
The company's Managing Director Ajay Kumar Mall said the operations at its new plant in Ahmedabad have commenced with regular orders being shipped to Europe.
The first phase of the Gatakpukur plant in West Bengal is expected to start operations in July, he said.
Mall said the company is expecting a breakthrough in UK and Canada with new contracts.
The company said it was reducing debt by utilising cash flow from operations.
It recommended a dividend of Rs 3 per equity share for FY22.
Mallcom India shares ended at Rs 656 on the NSE, down by nearly 3 per cent from the last closing price.
Coffee Day Enterprises Q4 results 2022: reports Q4 net profit at Rs 58.67 cr
Coffee Day Enterprises Ltd has reported a consolidated net profit of Rs 58.67 crore for the fourth quarter ended March 2022.
The company had posted a net loss of Rs 272.09 crore in the January-March quarter a year ago, Coffee Day Enterprises Ltd (CDEL) said in a BSE filing.
CDEL's revenue from operation rose 2.81 per cent to Rs 169.81 crore against Rs 165.16 crore in the year-ago period.
Its total expenses declined 55.75 per cent to Rs 167.47 crore in Q4 FY22 compared to Rs 378.52 crore in Q4 FY21.
CDEL's revenue from coffee and related business increased 5.43 per cent to Rs 148.71 crore against Rs 141.05 crore.
Revenue from hospitality services slipped 4.21 per cent to Rs 10.23 crore compared to Rs 10.68 crore in Q4 FY21.
For the fiscal ended March 2022, CDEL's net loss stood at Rs 130.73 crore. It had reported a net loss of Rs 652.10 crore in the previous fiscal.
Its revenue from operations was Rs 581.58 crore in 2021-22. This is 31.85 per cent lower than Rs 853.42 crore in the year-ago period.
CDEL has not shared the revenue of Sical Logistics Ltd (SLL), which runs port terminals and container freight stations, as it is currently facing insolvency proceedings.
"The management of the relevant subsidiary is of view that the recoverability of the amount of SLL can be ascertained only after the receipt of the final report from the NCLT and accordingly no provision is made against them," it said.
Coffee Day Enterprises shares were trading at Rs 45 apiece on the BSE Tuesday afternoon, up 3.09 per cent from the previous close.
Coffee Day Global Q4 results 2022: back in black, posts Rs 65.40 cr in Q4 FY22
Coffee Day Global Ltd, which owns and operates popular coffee chain CCD, has posted a net profit of Rs 65.40 crore for the fourth quarter ended on March 31, 2022.
It had posted a net loss of Rs 94.81 crore in the January-March quarter in FY21 and a net loss of Rs 94.81 in the October-December quarter of FY22.
Its revenue from operations during the quarter under review was up 5.43 per cent to Rs 148.71 crore from Rs 141.04 crore in the corresponding quarter of the last fiscal.
Cafe Coffee Day (CCD) average sale per day were up 11.58 per cent to Rs 17,140 during the quarter as against Rs 15,361 in January-March last fiscal year.
The average sale per day in October-December of the coffee house chain was at Rs 17,401 crore.
During the quarter under review, its same-store sales growth was up 4.9 per cent.
However, year-on-year, its cafe outlet count was down by 13.46 per cent as the number of operational stores came down to 495 in Q4/FY22.
It was operating 501 stores in October-December of 2021-22 and 572 in the corresponding January-March quarter of FY 2020-21.
Similarly, its vending machine count was down to 45,217 during the quarter under review from 45,959 in the year-ago period.
For the fiscal ended March 2022, Coffee Day Global Ltd narrowed its net loss to Rs 113.44 crore. It had reported a net loss of Rs 306.54 crore in the previous fiscal.
Its revenue from operations was Rs 496.26 crore in 2021-22. This is 23.81 per cent higher than Rs 400.81 crore in the year-ago period.
Inputs from PTI
09:38 pm