Profit before tax (PBT) stood at Rs 44.84 crore in Q4 FY23, up 3.03% quarter-on-quarter. PBT was Rs 0.07 crore in the same quarter last year.

Total expenses rose 7.5% YoY to Rs 350.15 crore in quarter ended 31 March 2023. Cost of materials consumed was at Rs 280.46 crore (up 26.1% YoY) and employee expense was Rs 58.57 crore (up 15.3%) during the quarter.

For the full year, the company's net profit surged 347.57% to Rs 123.62 crore on 16.13% increase in net sales to Rs 1777.19 crore in the year ended March 2023 over the year ended March 2022.

Net cash flow from operating activities at Rs 94.56 crore as on 31 March 2023, lower than Rs 120.36 crore as on 31 March 2022.

Schneider Electric Infrastructure is a leading the digital transformation of energy management and automation for its customers. The company makes it possible for IoT (Internet of Things) - enabled solutions to seamlessly connect, collect, analyse and act on data from its equipment/assets in real-time, delivering enhanced safety, efficiency, reliability, and sustainability.