EKI Energy announces Q1FY22 results; check PAT, total revenue and other financial details

Climate change and sustainability solutions player, EKI Energy Services Limited has announced its Q1FY22 results. The company reported profit after tax (PAT) of Rs. 35.74 Crore in the first quarter itself, which was Rs. 18.70 Crore in the entire F.Y. 2020-21. 

The total revenue for Q1FY22 stood at Rs. 193.49 Crore, which was Rs. 191.02 Crore in full year 2020-21. 

"The Company got listed on BSE in April’21 and within a span of 4 months period, it has delivered more than 1500 per cent return to its shareholders," a company statement said.

Commenting on the Q1FY22 results, Manish Dabkara, Managing Director, EKI Energy Services Limited, said, "We are extremely delighted to have commenced the year on an encouraging note, with tremendous growth in the revenues and PAT. Globally, we see strong demand for carbon offsets, given the growing emphasis on global warming and climate change impact. F.Y. 2020-21 was a big year for climate action, with domestic and multinational companies pledging climate action and even governments stepping up to the plate."

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"While the pandemic is far from over, markets are normalizing and economies are reopening. All these factors bode well for EKI as we continue to provide our clients with an ever-increasing array of climate change, carbon offsets and sustainability solutions," Dabkara added.