Interloop Limited (ILP): 4QFY22 EPS clocked in at Rs5.97, DPS at Rs2.0 – By Foundation Research

<p></p><p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Interloop Limited (ILP PA) profitability clocked in at Rs5.4bn (EPS Rs5.97) in 4QFY22, up 3.2/2.4x YoY/QoQ, as compared to Rs1.7bn (EPS Rs1.88) in 4QFY21. This cumulates into profitability of Rs12.4bn (EPS Rs13.76) in FY22 vs Rs6.3bn (EPS Rs7.0) in FY21.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Result was accompanied with a cash dividend of Rs2.0/sh which takes FY22 payout to Rs4.0/sh. Company also announced a 4% bonus share issuance.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Topline of the company rose by 87/42% YoY/QoQ in 4QFY22 given (1) accelerating global economic recovery, (2) avg. Rs-US$ depreciation of 20.7% YoY during th...