Steel Strips Wheels Limited NSE Symbol:SSWL, BSE Security Code:513262 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 Steel Strips Wheels 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) |
121.13 | 394.75 | 474.38 |
Calculated Revenue of Steel Strips Wheels 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 % |
273.62 | 69.31%(Revenue Decrease) | 353.25 | 74.47%(Revenue Decrease) |
Revenue: Steel Strips Wheels Limited's financial report shows that the company's revenue decreased by 69.31% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.273.62 crores, as the company posted revenue of Rs.121.13 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.394.75 crores.
The result also shows that the company's revenue decreased by 74.47% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.353.25 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.474.38 crores.
Gross Margin(%) Reported by Steel Strips Wheels 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) |
40.42 | 26.36 | 40.99 |
Calculated Gross Margin(%) of Steel Strips Wheels 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 % |
14.07 | 53.37%(GM Increase) | 0.57 | 1.39%(GM Decrease) |
Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 53.37% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 14.07% GM increase, as the company reported 40.42% GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 26.36% GM.
The result also indicates, the company's GM decreased by 1.39% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 0.57% GM decrease; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 40.99% GM.
EBITDA Reported by Steel Strips Wheels 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) |
76.71 | 39.09 | 59.48 |
Calculated EBITDA of Steel Strips Wheels 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 % |
37.62 | 96.24%(EBITDA Increase) | 17.23 | 28.97%(EBITDA Increase) |
EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 96.24% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA increase of Rs.37.62 crores, as the company posted EBITDA of Rs.76.71 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EBITDA of Rs.39.09 crores.
The result also shows that the company's EBITDA increased by 28.97% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA increase of Rs.17.23 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EBITDA of Rs.59.48 crores.
Profit and Loss Reported by Steel Strips Wheels 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) |
38.09(Loss ) | 5.25(Loss ) | 14.72(Profit ) |
Calculated Profit and Loss of Steel Strips Wheels 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 % |
32.84 | 625.52%(Loss Increase) | 52.81 | 358.76%(Loss Increase) |
Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 625.52% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for loss increase of Rs.32.84 crores, as the company posted loss of Rs.38.09 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported loss of Rs.5.25 crores.
The result also shows that the company's loss increased by 358.76% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for loss increase of Rs.52.81 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted profit of Rs.14.72 crores.
EPS Reported by Steel Strips Wheels 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) |
24.43(Negative) | 3.37(Negative) | 9.44 |
Calculated EPS of Steel Strips Wheels 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 % |
21.06 | 624.93%(EPS Decrease) | 33.87 | 358.79%(EPS Decrease) |
EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 624.93% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.21.06, as the company posted Negative EPS of Rs.24.43; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EPS of Rs.3.37.
The result also shows that the company's EPS decreased by 358.79% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.33.87; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EPS of Rs.9.44.
***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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