TTK Prestige profit decreased 73.87% in (Q1) FY 2020-21

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Team Infinities:

TTK Prestige Limited NSE Symbol:TTKPRESTIG, BSE Security Code:517506 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 TTK Prestige 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)
233.66 424.57 467.61
Calculated Revenue of TTK Prestige 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 %
190.91 44.97%(Revenue Decrease) 233.95 50.03%(Revenue Decrease)

Revenue: TTK Prestige Limited's financial report shows that the company's revenue decreased by 44.97% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.190.91 crores, as the company posted revenue of Rs.233.66 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.424.57 crores.
The result also shows that the company's revenue decreased by 50.03% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.233.95 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.467.61 crores.

Gross Margin(%) Reported by TTK Prestige 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)
78.30 34.79 36.85
Calculated Gross Margin(%) of TTK Prestige 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 %
43.51 125.07%(GM Increase) 41.44 112.45%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 125.07% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 43.51% GM increase, as the company reported 78.30% GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 34.79% GM.
The result also indicates, the company's GM increased by 112.45% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 41.44% GM increase; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 36.85% GM.

EBITDA Reported by TTK Prestige 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)
13.02 31.63 62.55
Calculated EBITDA of TTK Prestige 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 %
18.61 58.84%(EBITDA Decrease) 49.53 79.18%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 58.84% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.18.61 crores, as the company posted EBITDA of Rs.13.02 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EBITDA of Rs.31.63 crores.
The result also shows that the company's EBITDA decreased by 79.18% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.49.53 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EBITDA of Rs.62.55 crores.

Profit and Loss Reported by TTK Prestige 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)
2.14(Profit ) 8.19(Profit ) 35.81(Profit )
Calculated Profit and Loss of TTK Prestige 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 %
6.05 73.87%(Profit Decrease) 33.67 94.02%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit decreased by 73.87% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for profit decrease of Rs.6.05 crores, as the company posted profit of Rs.2.14 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported profit of Rs.8.19 crores.
The result also shows that the company's profit decreased by 94.02% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for profit decrease of Rs.33.67 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted profit of Rs.35.81 crores.

EPS Reported by TTK Prestige 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)
1.54 5.91 25.83
Calculated EPS of TTK Prestige 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 %
4.37 73.94%(EPS Decrease) 24.29 94.04%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 73.94% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.4.37, as the company posted EPS of Rs.1.54; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EPS of Rs.5.91.
The result also shows that the company's EPS decreased by 94.04% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.24.29; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EPS of Rs.25.83.

 


***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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