Athena Global Technologies posts loss of Rs.2.24 crores in (Q3) FY 2020-21

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Team Infinities:

Athena Global Technologies Limited BSE Security Code:517429 has declared its 3rd(third) quarter unaudited consolidated financial report from the month of October, 2020 to the month of December, 2020; for the fiscal year 2020-21.

Revenue Reported by Athena Global Technologies Limited for Third Quarter FY, 2020-21
Current Quarter (October, 2020 - December, 2020) Previous Quarter (July, 2020 - September, 2020) Corresponding Quarter (October, 2019 - December, 2019) 9 Months Ended (April, 2020 - December, 2020) Corresponding 9 Months Ended (April, 2019 - December, 2019)
6.44 7.68 7.73 18.77 18.51
Calculated Revenue of Athena Global Technologies Limited for Third Quarter FY, 2020-21
Current(December, 2020) VS Previous(September, 2020) Current(December, 2020) VS Corresponding(December, 2019) 9 months Ended(April, 2020 - December, 2020) VS Corresponding 9 months Ended(April, 2019 - December, 2019)
Change Change % Change Change % Change Change %
1.24 16.15%(Revenue Decrease) 1.29 16.69%(Revenue Decrease) 0.26 1.40%(Revenue Increase)

Revenue: Athena Global Technologies Limited's financial report shows that the company's revenue decreased by 16.15% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for revenue decrease of Rs.1.24 crores, as the company posted revenue of Rs.6.44 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported revenue of Rs.7.68 crores.
The result also shows that the company's revenue decreased by 16.69% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for revenue decrease of Rs.1.29 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted revenue of Rs.7.73 crores.
The company also reported that its revenue increased by 1.40% in 9 months end(April, 2020 - December, 2020) for revenue increase of Rs.0.26 crore, since the company reported revenue of Rs.18.77 crores; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company posted revenue of Rs.18.51 crores.

EBITDA Reported by Athena Global Technologies Limited for Third Quarter FY, 2020-21
Current Quarter (October, 2020 - December, 2020) Previous Quarter (July, 2020 - September, 2020) Corresponding Quarter (October, 2019 - December, 2019) 9 Months Ended (April, 2020 - December, 2020) Corresponding 9 Months Ended (April, 2019 - December, 2019)
0.27(Negative) 2.17 0.86 0.09(Negative) 1.55
Calculated EBITDA of Athena Global Technologies Limited for Third Quarter FY, 2020-21
Current(December, 2020) VS Previous(September, 2020) Current(December, 2020) VS Corresponding(December, 2019) 9 months Ended(April, 2020 - December, 2020) VS Corresponding 9 months Ended(April, 2019 - December, 2019)
Change Change % Change Change % Change Change %
2.44 112.44%(EBITDA Decrease) 1.13 131.40%(EBITDA Decrease) 1.64 105.81%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 112.44% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for EBITDA decrease of Rs.2.44 crores, as the company posted Negative EBITDA of Rs.0.27 crore; in compare to previous quarter(July, 2020 - September, 2020) when the company reported EBITDA of Rs.2.17 crores.
The result also shows that the company's EBITDA decreased by 131.40% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for EBITDA decrease of Rs.1.13 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted EBITDA of Rs.0.86 crore.
The company also reported that its EBITDA decreased by 105.81% in 9 months end(April, 2020 - December, 2020) for EBITDA decrease of Rs.1.64 crores, since the company reported Negative EBITDA of Rs.0.09 crore; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company posted EBITDA of Rs.1.55 crores.

Profit and Loss Reported by Athena Global Technologies Limited for Third Quarter FY, 2020-21
Current Quarter (October, 2020 - December, 2020) Previous Quarter (July, 2020 - September, 2020) Corresponding Quarter (October, 2019 - December, 2019) 9 Months Ended (April, 2020 - December, 2020) Corresponding 9 Months Ended (April, 2019 - December, 2019)
2.24(Loss ) 0.25(Profit ) 1.38(Loss ) 6.18(Loss ) 4.70(Loss )
Calculated Profit and Loss of Athena Global Technologies Limited for Third Quarter FY, 2020-21
Current(December, 2020) VS Previous(September, 2020) Current(December, 2020) VS Corresponding(December, 2019) 9 months Ended(April, 2020 - December, 2020) VS Corresponding 9 months Ended(April, 2019 - December, 2019)
Change Change % Change Change % Change Change %
2.49 996.00%(Loss Increase) 0.86 62.32%(Loss Increase) 1.48 31.49%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 996.00% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for loss increase of Rs.2.49 crores, as the company posted loss of Rs.2.24 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported profit of Rs.0.25 crore.
The result also shows that the company's loss increased by 62.32% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for loss increase of Rs.0.86 crore; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted loss of Rs.1.38 crores.
The company also reported that its loss increased by 31.49% in 9 months end(April, 2020 - December, 2020) for loss increase of Rs.1.48 crores, since the company reported loss of Rs.6.18 crores; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company posted loss of Rs.4.70 crores.

EPS Reported by Athena Global Technologies Limited for Third Quarter FY, 2020-21
Current Quarter (October, 2020 - December, 2020) Previous Quarter (July, 2020 - September, 2020) Corresponding Quarter (October, 2019 - December, 2019) 9 Months Ended (April, 2020 - December, 2020) Corresponding 9 Months Ended (April, 2019 - December, 2019)
2.00(Negative) 0.86(Negative) 1.17(Negative) 5.71(Negative) 4.01(Negative)
Calculated EPS of Athena Global Technologies Limited for Third Quarter FY, 2020-21
Current(December, 2020) VS Previous(September, 2020) Current(December, 2020) VS Corresponding(December, 2019) 9 months Ended(April, 2020 - December, 2020) VS Corresponding 9 months Ended(April, 2019 - December, 2019)
Change Change % Change Change % Change Change %
1.14 132.56%(EPS Decrease) 0.83 70.94%(EPS Decrease) 1.70 42.39%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 132.56% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for EPS decrease of Rs.1.14, as the company posted Negative EPS of Rs.2.00; in compare to previous quarter(July, 2020 - September, 2020) when the company reported Negative EPS of Rs.0.86.
The result also shows that the company's EPS decreased by 70.94% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for EPS decrease of Rs.0.83; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted Negative EPS of Rs.1.17.
The company also reported that its EPS decreased by 42.39% in 9 months end(April, 2020 - December, 2020) for EPS decrease of Rs.1.70, since the company reported Negative EPS of Rs.5.71; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company posted Negative EPS of Rs.4.01.

 


***All amounts are given in Crore Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.

 

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