Kalyani Steels profit decreased 58.18% in (Q1) FY 2020-21

Source

Team Infinities:

Kalyani Steels Limited NSE Symbol:KSL, BSE Security Code:500235 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 Kalyani Steels 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)
121.23 279.31 348.27
Calculated Revenue of Kalyani Steels 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 %
158.08 56.60%(Revenue Decrease) 227.04 65.19%(Revenue Decrease)

Revenue: Kalyani Steels Limited's financial report shows that the company's revenue decreased by 56.60% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.158.08 crores, as the company posted revenue of Rs.121.23 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.279.31 crores.
The result also shows that the company's revenue decreased by 65.19% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.227.04 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.348.27 crores.

Gross Margin(%) Reported by Kalyani Steels 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)
71.60 31.39 50.91
Calculated Gross Margin(%) of Kalyani Steels 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 %
40.20 128.07%(GM Increase) 20.69 40.63%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 128.07% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 40.20% GM increase, as the company reported 71.60% GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 31.39% GM.
The result also indicates, the company's GM increased by 40.63% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 20.69% GM increase; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 50.91% GM.

EBITDA Reported by Kalyani Steels 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)
24.35 45.38 66.46
Calculated EBITDA of Kalyani Steels 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 %
21.03 46.34%(EBITDA Decrease) 42.11 63.36%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 46.34% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.21.03 crores, as the company posted EBITDA of Rs.24.35 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EBITDA of Rs.45.38 crores.
The result also shows that the company's EBITDA decreased by 63.36% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.42.11 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EBITDA of Rs.66.46 crores.

Profit and Loss Reported by Kalyani Steels 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)
8.69(Profit ) 20.78(Profit ) 36.29(Profit )
Calculated Profit and Loss of Kalyani Steels 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 %
12.09 58.18%(Profit Decrease) 27.60 76.05%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit decreased by 58.18% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for profit decrease of Rs.12.09 crores, as the company posted profit of Rs.8.69 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported profit of Rs.20.78 crores.
The result also shows that the company's profit decreased by 76.05% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for profit decrease of Rs.27.60 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted profit of Rs.36.29 crores.

EPS Reported by Kalyani Steels 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)
2.01 5.19 8.36
Calculated EPS of Kalyani Steels 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 %
3.18 61.27%(EPS Decrease) 6.35 75.96%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 61.27% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.3.18, as the company posted EPS of Rs.2.01; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EPS of Rs.5.19.
The result also shows that the company's EPS decreased by 75.96% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.6.35; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EPS of Rs.8.36.

 


***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.