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Shoppers Stop Q4 net loss narrows to Rs 24 cr

On a consolidated basis, Shoppers Stop s net loss stood at Rs 24.10 crore in Q4 FY21 compared with net loss of Rs 127.22 crore in Q4 FY20. Net sales fell 6.1% to Rs 680.46 crore in Q4 FY21 as against Rs 724.38 crore in Q4 FY20. Pre-tax loss stood at Rs 24.24 crore in Q4 FY21 as against pre-tax loss of Rs 151.80 crore in Q4 FY20. The business rapidly recovered from the pandemic in Q4. The recovery in footfalls and sales had begun in Q3 vs preceding quarters and it continued in Q4. For the quarter, the firm had 90% of FY20 sales, the strongest recovery in the last 4 quarters. However, with the pandemic in India, taking a severe turn in the second half of March, the year has ended on a sombre note.

Bharti Airtel reports Q4 PAT at Rs 759 cr

On a consolidated basis, the telecom major s net profit stood at Rs 759 crore in Q4 March 2021 compared with net loss of Rs 5,237 crore in Q4 March 2020. The consolidated revenues at Rs 25,747 crore grew 17.6% YoY on a comparable basis and 11.9% YoY on a reported basis. EBITDA rose 28.9% to Rs 12,583 crore in Q4 FY21 over Q4 FY20. EBITDA margin increased to 48.9% in Q4 FY21 compared with 42.4% in Q4 FY20. EBITDA margins across businesses remained healthy, with mobile services EBITDA improving from 39.2% in Q4 FY20 to 47.5% in Q4 FY21. Consolidated EBIT increased 75.5% YoY to Rs 5,048 crore. Consolidated mobile data traffic at 8,919 PBs in the quarter with a healthy YoY growth of 43.2%.

Mahindra Lifespace Q4 net loss narrows to Rs 28 cr

On a consolidated basis, Mahindra Lifespace Developers net loss stood at Rs 27.79 crore in Q4 FY21 compared with net loss of Rs 224.69 crore in Q4 FY20. Net sales tumbled 44.8% to Rs 55.99 crore in Q4 FY21 from Rs 101.42 crore in Q4 FY20. The company reported pre-tax loss of Rs 33.62 crore in Q4 FY21 as against pre-tax loss of Rs 229.45 crore in Q4 FY20. During Q4 March 2021, Mahindra Lifespace Developers achieved a sales of Rs 346 crore (0.52 msft) in residential business. It launched 0.76 msft across two new projects and a new phase in an existing project. The firm attained collections of Rs 255 crore in residential business. The company delivered 445 units to customer across various projects and it leased 27.8 acres for Rs 66 crore in Integrated Cities and Industrial Clusters business.

Kalpataru Power Q4 PAT soars to Rs 187 cr

On a consolidated basis, Kalpataru Power Transmission (KPTL) s net profit spurted 1338.5% to Rs 187 crore on 16% increase in net sales to Rs 4,086 crore in Q4 FY21 over Q4 FY20. EBITDA grew 15% Y-o-Y (year-on-year) to Rs 445 crore in Q4 FY21 over Q4 FY20 with EBITDA margin at 10.9% during the quarter. Profit before Tax (PBT) (after exceptions) surged 199% to Rs 283 crore in Q4 FY21 from Q4 FY20 with PBT (after exceptions) margin at 6.9%. The net debt stood at Rs 2,304 crore as on 31 March 2021 as compared to Rs 3,458 crore as on 31 March 2020, registering a 33.37% Y-o-Y fall. Consolidated order book was at Rs 27,900 crore as on 31 March 2021 and L1 at Rs 2,300 crore.

UPL Q4 PAT grows 74% to Rs 1,361 cr

Read more about UPL Q4 PAT grows 74% to Rs 1,361 cr on Business Standard. On a consolidated basis, UPL s net profit surged 73.6% to Rs 1,361 crore on 14.86% jump in revenue from operations to Rs 12,796 crore in Q4 FY21 over Q4 FY20.

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