Stove Kraft reported a net profit of Rs 19.2 crore in Q4 FY21 as against a net loss of Rs 10.4 crore in Q4 FY20.
Revenues increased by 53% year-on-year (YoY) to Rs 235.4 crore during the quarter. The company reported EBITDA of Rs 25.2 crore in the fourth quarter. It had reported an EBITDA loss of Rs 1.7 crore in the same period last year. EBITDA margin was at 10.7% as on 31 March 2021.
The kitchen appliances maker reported a standalone net profit of Rs 81.2 crore in the year ended 31 March 2021 compared with a net profit of Rs 2.8 crore in the year ended 31 March 2020. Revenues increased 28% to Rs 859 crore in FY21 over FY20.