Carrier Air-Conditioning showed massive growth of 152% in PAT in FY21-22.

The annual report from Carrier Airconditioning & Refrigeration Limited for the fiscal year FY22, which concluded on March 31, has been released. The company's net profit increased dramatically during the fiscal year that concluded on March 31 from Rs. 16 crore the previous fiscal year to Rs. 42 crore. The company's overall sales for FY22 climbed 31% from FY21 to FY22, going from Rs. 1240 crore to Rs. 1632 crore.

In FY22, the company's total expenses were Rs. 1575 crore, up from Rs. 1207 crore the year before. The company's PBT increased by an amazing 70%, from Rs. 33 crore to Rs. 56 crore. On the fully paid equity shares, the corporation announced a dividend at a rate of Rs. 1 per share.