Mehai Technology posted profit of Rs.1.22 lacs in (Q1) FY 2020-21

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Team Infinities:

Mehai Technology Limited BSE Security Code:540730 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 Mehai Technology 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)
72.84 418.28 793.75
Calculated Revenue of Mehai Technology 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 %
345.44 82.59%(Revenue Decrease) 720.91 90.82%(Revenue Decrease)

Revenue: Mehai Technology Limited's financial report shows that the company's revenue decreased by 82.59% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.345.44 lacs, as the company posted revenue of Rs.72.84 lacs; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.418.28 lacs.
The result also shows that the company's revenue decreased by 90.82% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.720.91 lacs; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.793.75 lacs.

Gross Margin(%) Reported by Mehai Technology 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)
233.06(Negative) 4.84 15.02
Calculated Gross Margin(%) of Mehai Technology 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 %
237.90 4918.56%(GM Decrease) 248.08 1651.36%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 4918.56% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 237.90% GM decrease, as the company reported 233.06% Negative GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 4.84% GM.
The result also indicates, the company's GM decreased by 1651.36% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 248.08% GM decrease; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 15.02% GM.

EBITDA Reported by Mehai Technology 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)
5.31 36.49(Negative) 8.40(Negative)
Calculated EBITDA of Mehai Technology 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 %
41.80 114.55%(EBITDA Increase) 13.71 163.21%(EBITDA Increase)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 114.55% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA increase of Rs.41.80 lacs, as the company posted EBITDA of Rs.5.31 lacs; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EBITDA of Rs.36.49 lacs.
The result also shows that the company's EBITDA increased by 163.21% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA increase of Rs.13.71 lacs; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted Negative EBITDA of Rs.8.40 lacs.

Profit and Loss Reported by Mehai Technology 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)
1.22(Profit ) 28.58(Loss ) 14.84(Loss )
Calculated Profit and Loss of Mehai Technology 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 %
29.80 104.27%(Profit Increase) 16.06 108.22%(Profit Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 104.27% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for profit increase of Rs.29.80 lacs, as the company posted profit of Rs.1.22 lacs; in compare to previous quarter(January, 2020 - March, 2020) when the company reported loss of Rs.28.58 lacs. Please note that the company has received a Tax Credit worth Rs.0.18 lac in the current quarter.
The result also shows that the company's profit increased by 108.22% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for profit increase of Rs.16.06 lacs; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted loss of Rs.14.84 lacs.

EPS Reported by Mehai Technology 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)
0.01 0.27(Negative) 0.14(Negative)
Calculated EPS of Mehai Technology 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 %
0.28 103.70%(EPS Increase) 0.15 107.14%(EPS Increase)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 103.70% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS increase of Rs.0.28, as the company posted EPS of Rs.0.01; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EPS of Rs.0.27.
The result also shows that the company's EPS increased by 107.14% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS increase of Rs.0.15; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted Negative EPS of Rs.0.14.

 


***All amounts are given in Lac 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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