IFB Industries loss increased by 125.83% in (Q1) FY 2020-21

Source

Team Infinities:

IFB Industries Limited NSE Symbol:IFBIND, BSE Security Code:505726 has declared its 1st(first) quarter un-audited Consolidated financial report from the month of April, 2020 to the month of June, 2020; for the fiscal year 2020-21.

Revenue Reported by IFB Industries Limited for First Quarter FY, 2020-21
Current Quarter (April, 2020 - June, 2020) Previous Quarter (January, 2020 - March, 2020) Corresponding Quarter (April, 2019 - June, 2019)
290.67 510.91 699.63
Calculated Revenue of IFB Industries Limited for First Quarter FY, 2020-21
Current(June, 2020) VS Previous(March, 2020) Current(June, 2020) VS Corresponding(June, 2019)
Change Change % Change Change %
220.24 43.11%(Revenue Decrease) 408.96 58.45%(Revenue Decrease)

Revenue: IFB Industries Limited's financial report shows that the company's revenue decreased by 43.11% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.220.24 crores, as the company posted revenue of Rs.290.67 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.510.91 crores.
The result also shows that the company's revenue decreased by 58.45% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.408.96 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.699.63 crores.

Gross Margin(%) Reported by IFB Industries Limited for First Quarter FY, 2020-21
Current Quarter (April, 2020 - June, 2020) Previous Quarter (January, 2020 - March, 2020) Corresponding Quarter (April, 2019 - June, 2019)
94.61 37.50 45.59
Calculated Gross Margin(%) of IFB Industries Limited for First Quarter FY, 2020-21
Current(June, 2020) VS Previous(March, 2020) Current(June, 2020) VS Corresponding(June, 2019)
Change Change % Change Change %
57.11 152.32%(GM Increase) 49.01 107.50%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 152.32% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 57.11% GM increase, as the company reported 94.61% GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 37.50% GM.
The result also indicates, the company's GM increased by 107.50% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 49.01% GM increase; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 45.59% GM.

EBITDA Reported by IFB Industries Limited for First Quarter FY, 2020-21
Current Quarter (April, 2020 - June, 2020) Previous Quarter (January, 2020 - March, 2020) Corresponding Quarter (April, 2019 - June, 2019)
30.97(Negative) 4.86 31.71
Calculated EBITDA of IFB Industries Limited for First Quarter FY, 2020-21
Current(June, 2020) VS Previous(March, 2020) Current(June, 2020) VS Corresponding(June, 2019)
Change Change % Change Change %
35.83 737.24%(EBITDA Decrease) 62.68 197.67%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 737.24% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.35.83 crores, as the company posted Negative EBITDA of Rs.30.97 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EBITDA of Rs.4.86 crores.
The result also shows that the company's EBITDA decreased by 197.67% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.62.68 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EBITDA of Rs.31.71 crores.

Profit and Loss Reported by IFB Industries Limited for First Quarter FY, 2020-21
Current Quarter (April, 2020 - June, 2020) Previous Quarter (January, 2020 - March, 2020) Corresponding Quarter (April, 2019 - June, 2019)
45.98(Loss ) 20.36(Loss ) 9.58(Profit )
Calculated Profit and Loss of IFB Industries Limited for First Quarter FY, 2020-21
Current(June, 2020) VS Previous(March, 2020) Current(June, 2020) VS Corresponding(June, 2019)
Change Change % Change Change %
25.62 125.83%(Loss Increase) 55.56 579.96%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 125.83% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for loss increase of Rs.25.62 crores, as the company posted loss of Rs.45.98 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported loss of Rs.20.36 crores.
The result also shows that the company's loss increased by 579.96% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for loss increase of Rs.55.56 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted profit of Rs.9.58 crores.

EPS Reported by IFB Industries Limited for First Quarter FY, 2020-21
Current Quarter (April, 2020 - June, 2020) Previous Quarter (January, 2020 - March, 2020) Corresponding Quarter (April, 2019 - June, 2019)
11.11(Negative) 4.81(Negative) 2.48
Calculated EPS of IFB Industries Limited for First Quarter FY, 2020-21
Current(June, 2020) VS Previous(March, 2020) Current(June, 2020) VS Corresponding(June, 2019)
Change Change % Change Change %
6.30 130.98%(EPS Decrease) 13.59 547.98%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 130.98% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.6.30, as the company posted Negative EPS of Rs.11.11; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EPS of Rs.4.81.
The result also shows that the company's EPS decreased by 547.98% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.13.59; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EPS of Rs.2.48.

 


***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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