Signify Innovations India Limited announces financial results for the FY 2021-22

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Signify Innovations Announces Financial Results for Financial Year 2021-2022

Signify Innovations India Limited

Created at 31 Aug 2022 05:11

Signify Innovations India Limited (formerly known as Philips Lighting India Limited) today reported financial results for the year ended March 31, 2022. The company has registered a growth of 12% (The previous year's de-growth of 14%) on account of the resumption of all business activities, The Company generated an EBIT of ` 3,058 Million (The previous year's 3,359 Million) and a net cash outflow of ` 3,063 Million (Previous year Net Cash inflow of ` 5,991 Million). The Company has not made any major fund-based borrowings this year and has managed working capital requirements from internal cash generation. Capital expenditure during the year was ` 263 Million (The previous year was 206 Million) and this was incurred towards investment in new plants and machinery and IT equipment etc. To get Signify Innovations' latest Results, Financial Statements, and other detailed profit and loss accounts visit https://wwipl.com/services/signify-innovations-india-limited

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