Gala Global Products posted profit of Rs.4.65 millions in (Q1) FY 2020-21

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Team Infinities:

Gala Global Products Limited BSE Security Code:539228 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 Gala Global Products 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)
140.55 92.77 376.73
Calculated Revenue of Gala Global Products 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 %
47.78 51.50%(Revenue Increase) 236.18 62.69%(Revenue Decrease)

Revenue: Gala Global Products Limited's financial report shows that the company's revenue increased by 51.50% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue increase of Rs.47.78 millions, as the company posted revenue of Rs.140.55 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.92.77 millions.
The result also shows that the company's revenue decreased by 62.69% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.236.18 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.376.73 millions.

Gross Margin(%) Reported by Gala Global Products 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)
149.73 236.71(Negative) 18.80(Negative)
Calculated Gross Margin(%) of Gala Global Products 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 %
386.43 163.25%(GM Increase) 168.53 896.36%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 163.25% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 386.43% GM increase, as the company reported 149.73% GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 236.71% Negative GM.
The result also indicates, the company's GM increased by 896.36% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 168.53% GM increase; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 18.80% Negative GM.

EBITDA Reported by Gala Global Products 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)
12.29 6.39(Negative) 29.06
Calculated EBITDA of Gala Global Products 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 %
18.68 292.33%(EBITDA Increase) 16.77 57.71%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 292.33% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA increase of Rs.18.68 millions, as the company posted EBITDA of Rs.12.29 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EBITDA of Rs.6.39 millions.
The result also shows that the company's EBITDA decreased by 57.71% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.16.77 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EBITDA of Rs.29.06 millions.

Profit and Loss Reported by Gala Global Products 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)
4.65(Profit ) 9.60(Loss ) 11.85(Profit )
Calculated Profit and Loss of Gala Global Products 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 %
14.25 148.44%(Profit Increase) 7.20 60.76%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 148.44% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for profit increase of Rs.14.25 millions, as the company posted profit of Rs.4.65 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported loss of Rs.9.60 millions.
The result also shows that the company's profit decreased by 60.76% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for profit decrease of Rs.7.20 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted profit of Rs.11.85 millions.

EPS Reported by Gala Global Products 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)
0.09 0.18(Negative) 0.22
Calculated EPS of Gala Global Products 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 %
0.27 150.00%(EPS Increase) 0.13 59.09%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 150.00% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS increase of Rs.0.27, as the company posted EPS of Rs.0.09; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EPS of Rs.0.18.
The result also shows that the company's EPS decreased by 59.09% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.0.13; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EPS of Rs.0.22.

 


***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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