ASI Industries Limited FY21 Revenue at ₹2,305.9 mn, EBITDA at ₹408.7 mn, Net Profit at ₹118.5 mn

ASI Industries Limited, amongst India's leading stone mining and quarrying companies announced today its financial results for the fourth quarter (Q4FY21) and full year (FY21) ended 31st March 2021. The key financials for the quarter are:

Standalone FY21 - Highlights

- Total Revenue was ₹1,767.8 mn for FY21 as compared to ₹1,484.1 mn in FY20
- EBITDA stood at ₹285.5 mn for FY21 as compared to ₹94.6 mn during FY20
- EBITDA Margin at 161.5% for FY21 as against 63.7% in FY20
- Net profit stood at ₹109.8 mn for FY21 as compared to net loss ₹31.0 mn in FY20

Consolidated FY21 - Highlights

- Total Revenue was ₹2,305.9 mn for FY21 as compared to ₹2,504.7 mn in FY20
- EBITDA stood at ₹408.7 mn for FY21 as compared to ₹556.3 mn during FY20
- EBITDA Margin at 17.7% for FY21 as against 22.2% in FY20
- Net profit stood at ₹118.5 mn for FY21 as compared to ₹314.0 mn in FY20

Commenting on the financial results, CMD Mr. Deepak Jatia said, "The consolidated Q4FY21 results were muted owing to challenging external environment on the back of the ongoing pandemic. Nevertheless, we are glad to inform you that we have commenced the commercial production and operations of Engineered Stone at Mahindra World City, Jaipur in March 2021."

Shares of ASI Industries Ltd was last trading in BSE at Rs.29.5 as compared to the previous close of Rs. 28.1. The total number of shares traded during the day was 78317 in over 113 trades.

The stock hit an intraday high of Rs. 29.5 and intraday low of 27.55. The net turnover during the day was Rs. 2284514.

Source : Equity Bulls

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