KEI Industries falls despite reporting 19% rise in Q4 net profit
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KEI Industries is currently trading at Rs. 1863.00, down by 19.60 points or 1.04% from its previous closing of Rs. 1882.60 on the BSE.
The scrip opened at Rs. 1940.05 and has touched a high and low of Rs. 1940.05 and Rs. 1861.60 respectively. So far 6803 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,940.05 on 03-May-2023 and a 52 week low of Rs. 1040.55 on 12-May-2022.
Last one week high and low of the scrip stood at Rs. 1,940.05 and Rs. 1860.65 respectively. The current market cap of the company is Rs. 16865.99 crore.
The promoters holding in the company stood at 37.21%, while Institutions and Non-Institutions held 46.92% and 15.87% respectively.
KEI Industries has reported results for fourth quarter (Q4) and year ended March 31, 2023.
KEI Industries has reported 19.18% rise in its net profit at Rs 138.11 crore for the quarter under review as compared to Rs 115.88 crore for the same quarter in the previous year. Total income of the company increased by 8.87% at Rs 1,959.59 crore for Q4FY23 as compared to Rs 1,799.98 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 26.89% rise in its net profit at Rs 477.38 crore as compared to Rs 376.22 crore for the previous year. Total income of the company increased by 20.87% at Rs 6,939.95 crore for year under review as compared to Rs 5,741.88 crore for year ended March 31, 2022.
