The Mandhana Retail Ventures profit increased by 28.89% in current quarter (Q2) FY 2018-19

Source

Team Infinities:

The Mandhana Retail Ventures Limited NSE:TMRVL, BSE:540210 has declared its 2nd(second) quarter financial report for fiscal year 2018-2019 from the month of July, 2018 to the month of September, 2018.

Details2nd(second) Quarter6 Months End
ReportedCurrent QuarterPrevious QuarterCorresponding Quarter6 Months EndCorresponding 6 Months End
5292.704828.505791.3610121.2012918.97
CalculatedChangeChange %ChangeChange %ChangeChange %
464.209.61(II)-498.66-8.61(ID)-2797.77-21.66(ID)

Income/Sales: The Mandhana Retail Ventures Limited has reported in its financial report that, the company has achieved net income of Rs.5292.70 Lakh (from the month of July, 2018 to the month of September, 2018). It reflects that the company's net income increased by 9.61%, for income increase of Rs.464.20 Lakh, in compare to previous quarter(April-June,2018), when the company achieved net income of Rs.4828.50 Lakh.
The result also shows that the company's income decreased by 8.61%, for income decrease of Rs.498.66 Lakh in current quarter, in compare to corresponding 2nd(second) quarter(July-September,2017) when the company reported income of Rs.5791.36 Lakh.
The Company also reported total income of Rs.10121.20 Lakh in 6 months ended(April,2018 - September,2018) income report, which reflects that the company's income decreased by 96.22%, for income decrease of Rs.606.65 Lakh, in compare to corresponding 6 months ended(April,2017 - September,2017), when the company reported income of Rs.12918.97 Lakh.

Details2nd(second) Quarter6 Months End
ReportedCurrent QuarterPrevious QuarterCorresponding Quarter6 Months EndCorresponding 6 Months End
13.43(P)10.42(P)389.97(P)23.85(P)630.50(P)
CalculatedChangeChange %ChangeChange %ChangeChange %
3.0128.89(PI)-376.54-96.56(PD)-606.65-96.22(PD)

Profit/Loss: In its financial report the company informed that the company has achieved net profit of Rs.13.43 Lakh in current quarter(from the month of July, 2018 to the month of September, 2018). It reflects that, the company's net profit increased by 28.89%, for profit increase of Rs.3.01 Lakh, in compare to previous quarter(April-June,2018), when the company achieved net profit of Rs.10.42 Lakh.
It also reflects that the company's net profit decreased by 96.56%, for profit decrease of Rs.376.54 Lakh, in compare to corresponding quarter(July-September,2017), when the company achieved net profit of Rs.389.97 Lakh.
The company also reported total profit of Rs.23.85 Lakh in 6 months ended(April,2018 - September,2018) financial report, which reflects that, the company's net profit decreased by 96.22%, for profit decrease of Rs. 606.65 Lakh, in compare to corresponding 6 months ended(April,2017 - September,2017), when the company achieved net profit of Rs.630.50 Lakh.

***Figures are give in Lakh Indian Rupees(INR)***.
Acronym
------------------------
II=Income Increased
ID=Income Decreased
PI=Profit Increased
PD=Profit Decreased
P = Profit.
L = Loss.
1 Lakh = 100,000.
1 Million = 10 Lakhs.
1 Crore = 10 Million.
1 Crore = 100 Lakhs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.

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