New Delhi, May 20 (PTI) Nuvoco Vistas Corp Ltd on Friday reported a decline of 22.37 per cent in consolidated net profit at Rs 29.11 crore in the fourth quarter ended March.

The company had posted a net profit of Rs 37.50 crore in the March quarter of previous year, Nuvoco Vistas Corp said in a regulatory filing.

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However, its revenue from the operations was up 11.34 per cent at Rs 2,930.18 crore during the quarter under review as compared to Rs 2,631.61 crore in the year-ago period.

Total expenses were at Rs 2,881.13 crore in Q4/FY 2021-22.

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Shares of Nuvoco Vistas Corp Ltd on Friday settled at Rs 299.50 on BSE, up 1.47 per cent from the previous close.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)