GTN Industries loss increased by 74.20% in (Q1) FY 2020-21

Source

Team Infinities:

GTN Industries Limited NSE Symbol:GTNIND, BSE Security Code:500170 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 GTN 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)
42.35 76.68 46.43
Calculated Revenue of GTN 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 %
34.33 44.77%(Revenue Decrease) 4.08 8.79%(Revenue Decrease)

Revenue: GTN Industries Limited's financial report shows that the company's revenue decreased by 44.77% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.34.33 crores, as the company posted revenue of Rs.42.35 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.76.68 crores.
The result also shows that the company's revenue decreased by 8.79% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.4.08 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.46.43 crores.

Gross Margin(%) Reported by GTN 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)
15.80 33.28 27.70
Calculated Gross Margin(%) of GTN 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 %
17.49 52.54%(GM Decrease) 11.90 42.97%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 52.54% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 17.49% GM decrease, as the company reported 15.80% GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 33.28% GM.
The result also indicates, the company's GM decreased by 42.97% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 11.90% GM decrease; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 27.70% GM.

EBITDA Reported by GTN 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)
0.81(Negative) 4.17 4.83
Calculated EBITDA of GTN 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 %
4.98 119.42%(EBITDA Decrease) 5.64 116.77%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 119.42% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.4.98 crores, as the company posted Negative EBITDA of Rs.0.81 crore; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EBITDA of Rs.4.17 crores.
The result also shows that the company's EBITDA decreased by 116.77% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.5.64 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EBITDA of Rs.4.83 crores.

Profit and Loss Reported by GTN 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)
6.01(Loss ) 3.45(Loss ) 3.58(Loss )
Calculated Profit and Loss of GTN 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 %
2.56 74.20%(Loss Increase) 2.43 67.88%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 74.20% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for loss increase of Rs.2.56 crores, as the company posted loss of Rs.6.01 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported loss of Rs.3.45 crores.
The result also shows that the company's loss increased by 67.88% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for loss increase of Rs.2.43 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted loss of Rs.3.58 crores.

EPS Reported by GTN 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)
3.43(Negative) 1.96(Negative) 2.04(Negative)
Calculated EPS of GTN 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 %
1.47 75.00%(EPS Decrease) 1.39 68.14%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 75.00% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.1.47, as the company posted Negative EPS of Rs.3.43; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EPS of Rs.1.96.
The result also shows that the company's EPS decreased by 68.14% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.1.39; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted Negative EPS of Rs.2.04.

 


***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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