06-01-2022 12:00 PM | Source: Accord Fintech
Campus Activewear gains on reporting around 4-fold jump in Q4 consolidated net profit
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Campus Activewear is currently trading at Rs. 370.85, up by 2.80 points or 0.76% from its previous closing of Rs. 368.05 on the BSE.

The scrip opened at Rs. 372.00 and has touched a high and low of Rs. 374.10 and Rs. 362.60 respectively. So far 58985 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 417.70 on 09-May-2022 and a 52 week low of Rs. 314.45 on 17-May-2022.

Last one week high and low of the scrip stood at Rs. 374.10 and Rs. 325.00 respectively. The current market cap of the company is Rs. 11261.58 crore.

The promoters holding in the company stood at 74.10%, while Institutions and Non-Institutions held 7.46% and 18.44% respectively.

Campus Activewear has reported results for fourth quarter and year ended March 31, 2022.

The company has reported net profit of Rs 16.08 crore for the quarter under review as compared to net loss of Rs 8.67 crore for the same quarter in the previous year. Total income of the company increased by 26.85% at Rs 392.70 crore for Q4FY22 as compared Rs 309.57 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 4-fold jump in its net profit at Rs 39.61 crore for the quarter under review as compared to Rs 10.02 crore for the same quarter in the previous year. Total income of the company increased by 27.95% at Rs 352.63 crore for Q4FY22 as compared Rs 275.59 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported net profit at Rs 43.35 crore as compared to net loss of Rs 16.50 crore for the previous year. Total income of the company increased by 67.11% at Rs 1,317.04 crore for year under review as compared to Rs 788.12 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported over 4-fold jump in its net profit at Rs 124.41 crore as compared to Rs 26.86 crore for the previous year. Total income of the company increased by 67.34% at Rs 1,196.58 crore for year under review as compared to Rs 715.08 crore for year ended March 31, 2021.