Sintex Industries loss increased by 141.16% in (Q1) FY 2020-21

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Team Infinities:

Sintex Industries Limited NSE Symbol:SINTEX, BSE Security Code:502742 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 Sintex Industries 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)
1.45 4.51 5.61
Calculated Revenue of Sintex Industries 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 %
3.06 67.85%(Revenue Decrease) 4.16 74.15%(Revenue Decrease)

Revenue: Sintex Industries Limited's financial report shows that the company's revenue decreased by 67.85% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.3.06 billions, as the company posted revenue of Rs.1.45 billions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.4.51 billions.
The result also shows that the company's revenue decreased by 74.15% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.4.16 billions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.5.61 billions.

Gross Margin(%) Reported by Sintex Industries 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)
45.31 24.72 72.86
Calculated Gross Margin(%) of Sintex Industries 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 %
20.58 83.26%(GM Increase) 27.55 37.82%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 83.26% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 20.58% GM increase, as the company reported 45.31% GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 24.72% GM.
The result also indicates, the company's GM decreased by 37.82% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 27.55% GM decrease; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 72.86% GM.

EBITDA Reported by Sintex Industries 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)
4.48(Negative) 0.79(Negative) 1.97(Negative)
Calculated EBITDA of Sintex Industries 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 %
3.69 467.09%(EBITDA Decrease) 2.51 127.41%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 467.09% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.3.69 billions, as the company posted Negative EBITDA of Rs.4.48 billions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EBITDA of Rs.0.79 billion.
The result also shows that the company's EBITDA decreased by 127.41% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.2.51 billions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted Negative EBITDA of Rs.1.97 billions.

Profit and Loss Reported by Sintex Industries 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)
7.09(Loss ) 2.94(Loss ) 4.27(Loss )
Calculated Profit and Loss of Sintex Industries 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 %
4.15 141.16%(Loss Increase) 2.82 66.04%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 141.16% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for loss increase of Rs.4.15 billions, as the company posted loss of Rs.7.09 billions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported loss of Rs.2.94 billions.
The result also shows that the company's loss increased by 66.04% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for loss increase of Rs.2.82 billions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted loss of Rs.4.27 billions.

EPS Reported by Sintex Industries 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)
11.93(Negative) 4.95(Negative) 7.18(Negative)
Calculated EPS of Sintex Industries 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 %
6.98 141.01%(EPS Decrease) 4.75 66.16%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 141.01% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.6.98, as the company posted Negative EPS of Rs.11.93; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EPS of Rs.4.95.
The result also shows that the company's EPS decreased by 66.16% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.4.75; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted Negative EPS of Rs.7.18.

 


***All amounts are given in Billion 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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