Edible Oils firm Ruchi Soya Industries declares Q3FY22 result: Total Income up by 4.83% ( from previous quarter) ; Profit before Tax for the quarter at Rs 31,960.51 lakhs ; EBIDTA for the quarter Rs 44,089.80 lakhs with EBIDTA margin of 7.00%; Food vertical achieves sales of Rs 38,058.31 lakhs for the quarter. For the quarter ended December 31, 2021, Ruchi Soya delivered a strong performance and achieved a Total Income of Rs. 630,119.91 lakhs as compared to Rs. 601,099.63 lakhs for the quarter ended September 30, 2021, reflecting a growth of 4.83% on QoQ basis and 40.79% on YoY basis. For the quarter ended December 31, 2021, EBITDA stood at Rs. 44,089.80 lakhs with an EBITDA margin of 7.00%, the Profit before Tax was Rs. 31,960.51 lakhs and Profit after Tax was Rs 23,407.23 respectively. The Company continues to sustain its EBITDA margins in spite of unprecedented commodity inflation. For the 9 Months Period ended December 31, 2021, Ruchi Soya achieved a Total Income of Rs 1,760,818.53 lakhs as compared to Rs. 1,152,347.56 lakhs for the 9 Months Period ended December 31, 2020, reflecting a healthy growth of 52.80% on YoY basis. For the 9 Months Period ended December 31, 2021, EBITDA stood at Rs. 114,743.75 lakhs, the Profit before Tax at Rs. 77,869.01 lakhs and Profit after Tax was at Rs 57,187.75 respectively. Ruchi Soya’s branded business including brands sold under royalty arrangements and institutional segment ( Bakery & Vanaspati) achieved sales of Rs. 452,136.64 lakhs and Rs. 36,162.68 lakhs respectively, for the quarter ended December 31, 2021, contributing to 71.99% & 5.76% of the Revenue from operations of Ruchi Soya for such period. Result PDF
Highlights: For the quarter ended September 30, 2021, Ruchi Soya achieved a Total Income of Rs. 601,099.63 lakhs as compared to Rs. 529,598.99 lakhs for the quarter ended June 30, 2021, reflecting a growth of 13.50% on QoQ basis and 50.62% on YoY basis. For the quarter ended September 30, 2021, EBITDA stood at Rs. 34,567.34 lakhs with an EBITDA margin of 5.75 %, the Profit before Tax was Rs. 22,046.90 lakhs and Profit after Tax was Rs 16,427.34 respectively. The Company continues to sustain its EBITDA margins over the last 4 Quarters in spite of unprecedented commodity inflation. For the half year ended September 30, 2021, Ruchi Soya achieved a Total Income of Rs 1,130,698.62 lakhs as compared to Rs. 704,787.84 lakhs for the half year ended September 30, 2020, reflecting a growth of 60.43% on YoY basis. For the half year ended September 30, 2021, EBITDA stood at Rs. 70,653.95 lakhs, the Profit before Tax at Rs. 45,908.50 lakhs and Profit after Tax at Rs 33,780.52 respectively. Ruchi Soya’s branded business including brands sold under royalty arrangements and institutional segment achieved sales of Rs. 451,182.04 lakhs and Rs. 34,564.43 lakhs respectively, for the quarter ended September 30, 2021, contributing to 75.26% & 5.77% of the Revenue from operations of Ruchi Soya for such period. The branded business delivered resilient performance and registered a growth of 17.43% on QoQ and 70.44% on YoY basis. In Q2FY22, the food business segment achieved sales of Rs 43,112.80 lakhs contributing 9.56% of the total branded business of the Company and registered a growth of 57.26% on QoQ basis and 158.35% on YoY basis. Result PDF