The company’s revenue from operations stood at Rs 3,475 crore in Q4 FY24, down 21.15 % from Rs 4,407 crore posted in corresponding quarter last year.
The firm reported profit before tax and exceptional Items of Rs 156 crore during the quarter, down 76.82% YoY.
The exceptional loss for the quarter of Rs 963 crore includes, the non-cash write down of the cash generating unit comprising property, plant and equipment of Rs 821 crore, capital work-in-progress of Rs 122 crore, Right-of-use assets of Rs 4 crore and other assets (net) of Rs 16 crore, relating to the UK Group operations.
During Q4 FY24, EBITDA dropped 54.09% to Rs 443 crore as compared with Rs 965 crore posted in Q4 FY23. EBITDA margin reduced to 13% in Q4 FY24 as compared to 22% recorded in the corresponding quarter ...
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