Sandur Manganese & Iron Ores profit decreases 54.86% in (Q3) FY 2020-21

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Team Infinities:

Sandur Manganese & Iron Ores Limited BSE Security Code:504918 has declared its 3rd(third) quarter unaudited standalone financial report from the month of October, 2020 to the month of December, 2020; for the fiscal year 2020-21.

Revenue Reported by Sandur Manganese & Iron Ores 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)
122.35 146.20 141.10 400.78 480.54
Calculated Revenue of Sandur Manganese & Iron Ores 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 %
23.85 16.31%(Revenue Decrease) 18.75 13.29%(Revenue Decrease) 79.76 16.60%(Revenue Decrease)

Revenue: Sandur Manganese & Iron Ores Limited's financial report shows that the company's revenue decreased by 16.31% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for revenue decrease of Rs.23.85 crores, as the company posted revenue of Rs.122.35 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported revenue of Rs.146.20 crores.
The result also shows that the company's revenue decreased by 13.29% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for revenue decrease of Rs.18.75 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted revenue of Rs.141.10 crores.
The company also reported that its revenue decreased by 16.60% in 9 months end(April, 2020 - December, 2020) for revenue decrease of Rs.79.76 crores, since the company reported revenue of Rs.400.78 crores; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company posted revenue of Rs.480.54 crores.

Gross Margin(%) Reported by Sandur Manganese & Iron Ores 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)
91.23 84.26 95.31 94.87 84.13
Calculated Gross Margin(%) of Sandur Manganese & Iron Ores 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 %
6.98 8.28%(GM Increase) 4.08 4.28%(GM Decrease) 10.73 12.76%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 8.28% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for 6.98% GM increase, as the company reported 91.23% GM; in compare to previous quarter(July, 2020 - September, 2020) when the company reported 84.26% GM.
The result also indicates, the company's GM decreased by 4.28% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for 4.08% GM decrease; in compare to corresponding quarter(October, 2019 - December, 2019) when the company reported 95.31% GM.
The company also reported that its GM increased by 12.76% in 9 months end(April, 2020 - December, 2020) for 10.73% GM increase, since the company reported 94.87% GM; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company reported 84.13% GM.

EBITDA Reported by Sandur Manganese & Iron Ores 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)
39.72 68.25 39.65 148.82 176.44
Calculated EBITDA of Sandur Manganese & Iron Ores 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 %
28.53 41.80%(EBITDA Decrease) 0.07 0.18%(EBITDA Increase) 27.62 15.65%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 41.80% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for EBITDA decrease of Rs.28.53 crores, as the company posted EBITDA of Rs.39.72 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported EBITDA of Rs.68.25 crores.
The result also shows that the company's EBITDA increased by 0.18% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for EBITDA increase of Rs.0.07 crore; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted EBITDA of Rs.39.65 crores.
The company also reported that its EBITDA decreased by 15.65% in 9 months end(April, 2020 - December, 2020) for EBITDA decrease of Rs.27.62 crores, since the company reported EBITDA of Rs.148.82 crores; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company posted EBITDA of Rs.176.44 crores.

Profit and Loss Reported by Sandur Manganese & Iron Ores 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)
18.57(Profit ) 41.14(Profit ) 19.91(Profit ) 83.02(Profit ) 101.66(Profit )
Calculated Profit and Loss of Sandur Manganese & Iron Ores 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 %
22.57 54.86%(Profit Decrease) 1.34 6.73%(Profit Decrease) 18.64 18.34%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit decreased by 54.86% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for profit decrease of Rs.22.57 crores, as the company posted profit of Rs.18.57 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported profit of Rs.41.14 crores.
The result also shows that the company's profit decreased by 6.73% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for profit decrease of Rs.1.34 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted profit of Rs.19.91 crores.
The company also reported that its profit decreased by 18.34% in 9 months end(April, 2020 - December, 2020) for profit decrease of Rs.18.64 crores, since the company reported profit of Rs.83.02 crores; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company posted profit of Rs.101.66 crores.

EPS Reported by Sandur Manganese & Iron Ores 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)
20.63 45.70 22.76 92.22 116.18
Calculated EPS of Sandur Manganese & Iron Ores 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 %
25.07 54.86%(EPS Decrease) 2.13 9.36%(EPS Decrease) 23.96 20.62%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 54.86% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for EPS decrease of Rs.25.07, as the company posted EPS of Rs.20.63; in compare to previous quarter(July, 2020 - September, 2020) when the company reported EPS of Rs.45.70.
The result also shows that the company's EPS decreased by 9.36% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for EPS decrease of Rs.2.13; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted EPS of Rs.22.76.
The company also reported that its EPS decreased by 20.62% in 9 months end(April, 2020 - December, 2020) for EPS decrease of Rs.23.96, since the company reported EPS of Rs.92.22; in compare to corresponding 9 months end(April, 2019 - December. 2019) when the company posted EPS of Rs.116.18.

 


***All amounts are given in Crore Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
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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