Birla Tyres loss decreased by 16.66% in (Q1) FY 2020-21

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Team Infinities:

Birla Tyres Limited NSE Symbol:BIRLATYRE, BSE Security Code:542932 has declared its 1st(first) quarter un-audited Standalone financial report from the month of April, 2020 to the month of June, 2020; for the fiscal year 2020-21.

Revenue Reported by Birla Tyres 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)
29.06 65.75 211.55
Calculated Revenue of Birla Tyres 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 %
36.69 55.80%(Revenue Decrease) 182.49 86.26%(Revenue Decrease)

Revenue: Birla Tyres Limited's financial report shows that the company's revenue decreased by 55.80% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.36.69 crores, as the company posted revenue of Rs.29.06 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.65.75 crores.
The result also shows that the company's revenue decreased by 86.26% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.182.49 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.211.55 crores.

Gross Margin(%) Reported by Birla Tyres 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)
106.94 60.98 25.82
Calculated Gross Margin(%) of Birla Tyres 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 %
45.96 75.37%(GM Increase) 81.12 314.18%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 75.37% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 45.96% GM increase, as the company reported 106.94% GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 60.98% GM.
The result also indicates, the company's GM increased by 314.18% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 81.12% GM increase; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 25.82% GM.

EBITDA Reported by Birla Tyres 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)
37.49(Negative) 50.21(Negative) 12.92(Negative)
Calculated EBITDA of Birla Tyres 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 %
12.72 25.33%(EBITDA Increase) 24.57 190.17%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 25.33% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA increase of Rs.12.72 crores, as the company posted Negative EBITDA of Rs.37.49 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EBITDA of Rs.50.21 crores.
The result also shows that the company's EBITDA decreased by 190.17% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.24.57 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted Negative EBITDA of Rs.12.92 crores.

Profit and Loss Reported by Birla Tyres 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)
88.57(Loss ) 106.27(Loss ) 57.49(Loss )
Calculated Profit and Loss of Birla Tyres 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 %
17.70 16.66%(Loss Decrease) 31.08 54.06%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss decreased by 16.66% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for loss decrease of Rs.17.70 crores, as the company posted loss of Rs.88.57 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported loss of Rs.106.27 crores.
The result also shows that the company's loss increased by 54.06% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for loss increase of Rs.31.08 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted loss of Rs.57.49 crores.

EPS Reported by Birla Tyres 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)
6.21(Negative) 7.46(Negative) 4.03(Negative)
Calculated EPS of Birla Tyres 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 %
1.25 16.76%(EPS Increase) 2.18 54.09%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 16.76% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS increase of Rs.1.25, as the company posted Negative EPS of Rs.6.21; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EPS of Rs.7.46.
The result also shows that the company's EPS decreased by 54.09% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.2.18; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted Negative EPS of Rs.4.03.

 


***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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