Ecoplast posted loss of Rs.9.33 millions in (Q1) FY 2020-21

Source

Team Infinities:

Ecoplast Limited BSE Security Code:526703 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 Ecoplast 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)
80.69 248.76 254.15
Calculated Revenue of Ecoplast 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 %
168.07 67.56%(Revenue Decrease) 173.46 68.25%(Revenue Decrease)

Revenue: Ecoplast Limited's financial report shows that the company's revenue decreased by 67.56% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.168.07 millions, as the company posted revenue of Rs.80.69 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.248.76 millions.
The result also shows that the company's revenue decreased by 68.25% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.173.46 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.254.15 millions.

Gross Margin(%) Reported by Ecoplast 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)
16.97 41.05 34.23
Calculated Gross Margin(%) of Ecoplast 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 %
24.08 58.65%(GM Decrease) 17.26 50.42%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 58.65% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 24.08% GM decrease, as the company reported 16.97% GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 41.05% GM.
The result also indicates, the company's GM decreased by 50.42% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 17.26% GM decrease; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 34.23% GM.

EBITDA Reported by Ecoplast 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)
0.64(Negative) 31.34 19.90
Calculated EBITDA of Ecoplast 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 %
31.98 102.04%(EBITDA Decrease) 20.54 103.22%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 102.04% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.31.98 millions, as the company posted Negative EBITDA of Rs.0.64 million; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EBITDA of Rs.31.34 millions.
The result also shows that the company's EBITDA decreased by 103.22% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.20.54 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EBITDA of Rs.19.90 millions.

Profit and Loss Reported by Ecoplast 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)
9.33(Loss ) 17.16(Profit ) 9.53(Profit )
Calculated Profit and Loss of Ecoplast 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 %
26.49 154.37%(Loss Increase) 18.86 197.90%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 154.37% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for loss increase of Rs.26.49 millions, as the company posted loss of Rs.9.33 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported profit of Rs.17.16 millions.
The result also shows that the company's loss increased by 197.90% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for loss increase of Rs.18.86 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted profit of Rs.9.53 millions.

EPS Reported by Ecoplast 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)
3.11(Negative) 5.72 3.18
Calculated EPS of Ecoplast 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 %
8.83 154.37%(EPS Decrease) 6.29 197.80%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 154.37% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.8.83, as the company posted Negative EPS of Rs.3.11; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EPS of Rs.5.72.
The result also shows that the company's EPS decreased by 197.80% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.6.29; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EPS of Rs.3.18.

 


***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.

 

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