Q4 Results 2022: BSE, Kalyan Jewellers, Relaxo Footwears announce March quarter results; dividend, key highlights here

Q4 Results 2022: As the earnings season is ongoing, more listed companies announced their quarterly results on Wednesday. Among them were BSE Limited, Kalyan Jewellers Limited and Relaxo Footwears Limited. Here are key highlights of the results. 

BSE Q4 Results 2022: net profit climbs two-fold to Rs 71.52 cr in March quarter

Leading stock exchange BSE on Wednesday reported an over two-fold jump in net profit to Rs 71.52 crore for the three months to March 2022.

In comparison, the exchange had posted a net profit of Rs 31.75 crore in the same quarter of the preceding fiscal, BSE said in a regulatory filing to the NSE.

The exchange's revenue from operations rose to Rs 204.59 crore in the period under review from Rs 152.18 crore in the quarter ended March 2021.

The exchange has declared a final dividend of Rs 13.5 per equity share of Rs 2 each for FY 2021-22 on expanded equity capital post issue of bonus shares in March 2022.

"As seen over the last few years, BSE has operated with a strategy to build products and markets for institutions and investors, in a manner that enables us to grow in all economic conditions, so that BSE is truly an all-weather growth story, something that does not exist in a single market or asset class alone," Ashishkumar Chauhan, MD and CEO of the exchange, said.

"As we begin FY 2023, we are better positioned than ever to capitalize on trends occurring across asset classes, and we remain focused on investing and executing on the many growth opportunities in front of us," he added.

For the full fiscal 2021-22, the bourse's net profit climbed by 73 per cent to Rs 244.93 crore from Rs 141.7 crore in the preceding financial year.

Its revenue from operations surged 48 per cent to Rs 743.15 crore in FY22 from Rs 501.37 crore earlier. 

BSE shares ended at Rs 721 on the the NSE and were down over 4 per cent from the Tuesday closing price.

Kalyan Jewellers Q4 Results 2022: consolidated PAT down 2.47% at Rs 72.04 cr

Jewellery retailer Kalyan Jewellers on Wednesday reported a 2.47 per cent decline in consolidated profit after tax (PAT) during the quarter ended March 31, at Rs 72.04 crore.

The company's PAT stood at Rs 73.87 crore during the corresponding quarter of 2020-21, Kalyan Jewellers said in a regulatory filing.

Consolidated revenue from operations of the company for the quarter under review declined by 6.54 per cent to Rs 2,857 crore, as against Rs 3,057 crore in the corresponding quarter of the previous year.

For the full 2021-22, the company posted a consolidated PAT of Rs 224.03 crore. It had a loss of Rs 6.07 crore in FY21.

Consolidated revenue from operations of the company went up by 26.18 per cent in fiscal 2021-22 to Rs 10,817.93 crore, compared to Rs 8,573.30 crore in 2020-21.

"The fourth quarter started with a very high base and also faced disruptions to showroom operations during the first half of the quarter due to Omicron-driven wave.

"The quarter also saw extreme volatility in gold prices driven by the geo-political situation in Ukraine and its related impact on demand. We ended the quarter with a marginal de-growth but as a team we are very satisfied with the outcome," Kalyan Jewellers India Executive Director Ramesh Kalyanaraman said.

This Akshaya Tritiya (FY2022-23) was excellent with significant traction across all regions, including the non-south markets, he added.

"We witnessed significant growth not just in terms of value but footfalls as well. April and the first week of May have been very encouraging both in India as well as the Middle East and are in line with our plan for the current year," he added.

Kalyan Jewellers shares closed at Rs 63.75, up 8.70 per cent on BSE from the previous closing price.

Relaxo Footwears Q4 Results 2022: net profit falls 38% to Rs 63 crore

Relaxo Footwears Ltd on Wednesday reported a decline of 38.40 per cent in its net profit at Rs 62.93 crore for the fourth quarter ended March 2022.

It had posted a net profit of Rs 102.17 crore in the January-March quarter of the preceding fiscal, Relaxo Footwears said in a regulatory filing.

Its revenue from operations was down 6.61 per cent to Rs 698.19 crore during the period under review as against Rs 747.68 crore in the corresponding period of the previous fiscal.

The company's total expenses were at Rs 619.66 crore, up marginally 0.43 per cent in Q4 FY22, as against Rs 616.96 crore a year ago.

For the entire financial year ended on March 31, 2022, Relaxo Footwears' net profit was down 20.19 per cent at Rs 232.68 crore. It had reported a net profit of Rs 291.56 crore in 2020-21.

Revenue from operation stood at Rs 2,653.27 crore in 2021-22. This was 12.46 per cent higher than Rs 2,359.15 crore in FY21.

Meanwhile, in a separate filing, Relaxo Footwears said its board in a meeting held on Wednesday recommended a final dividend of Rs 2.50 per equity share of face value of Rs 1 each for FY22.

Relaxo Footwears shares settled at Rs 1,038.40 apiece on the BSE on Wednesday, down 0.89 per cent from the previous closing price.

Inputs from PTI