Bhagyanagar India posted profit of Rs.2.33 millions in (Q1) FY 2020-21

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Team Infinities:

Bhagyanagar India Limited NSE Symbol:BHAGYANGR, BSE Security Code:512296 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 Bhagyanagar India 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)
836.43 1672.43 1278.37
Calculated Revenue of Bhagyanagar India 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 %
836.00 49.99%(Revenue Decrease) 441.94 34.57%(Revenue Decrease)

Revenue: Bhagyanagar India Limited's financial report shows that the company's revenue decreased by 49.99% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.836.00 millions, as the company posted revenue of Rs.836.43 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.1672.43 millions.
The result also shows that the company's revenue decreased by 34.57% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.441.94 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.1278.37 millions.

Gross Margin(%) Reported by Bhagyanagar India 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)
37.12(Negative) 17.59 26.79
Calculated Gross Margin(%) of Bhagyanagar India 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 %
54.71 311.06%(GM Decrease) 63.91 238.56%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 311.06% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 54.71% GM decrease, as the company reported 37.12% Negative GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 17.59% GM.
The result also indicates, the company's GM decreased by 238.56% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 63.91% GM decrease; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 26.79% GM.

EBITDA Reported by Bhagyanagar India 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)
31.78 13.56 48.08
Calculated EBITDA of Bhagyanagar India 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 %
18.22 134.37%(EBITDA Increase) 16.30 33.90%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 134.37% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA increase of Rs.18.22 millions, as the company posted EBITDA of Rs.31.78 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EBITDA of Rs.13.56 millions.
The result also shows that the company's EBITDA decreased by 33.90% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.16.30 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EBITDA of Rs.48.08 millions.

Profit and Loss Reported by Bhagyanagar India 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)
2.33(Profit ) 13.63(Loss ) 8.54(Profit )
Calculated Profit and Loss of Bhagyanagar India 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 %
15.96 117.09%(Profit Increase) 6.21 72.72%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 117.09% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for profit increase of Rs.15.96 millions, as the company posted profit of Rs.2.33 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported loss of Rs.13.63 millions.
The result also shows that the company's profit decreased by 72.72% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for profit decrease of Rs.6.21 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted profit of Rs.8.54 millions.

EPS Reported by Bhagyanagar India 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)
0.04 0.43(Negative) 0.27
Calculated EPS of Bhagyanagar India 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 %
0.47 109.30%(EPS Increase) 0.23 85.19%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 109.30% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS increase of Rs.0.47, as the company posted EPS of Rs.0.04; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EPS of Rs.0.43.
The result also shows that the company's EPS decreased by 85.19% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.0.23; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EPS of Rs.0.27.

 


***All amounts are given in Million 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.