Nagreeka Exports posted loss of Rs.82.88 millions in (Q1) FY 2020-21

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Team Infinities:

Nagreeka Exports Limited NSE Symbol:NAGREEKEXP, BSE Security Code:521109 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 Nagreeka Exports 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)
762.33 1176.43 1328.82
Calculated Revenue of Nagreeka Exports 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 %
414.10 35.20%(Revenue Decrease) 566.49 42.63%(Revenue Decrease)

Revenue: Nagreeka Exports Limited's financial report shows that the company's revenue decreased by 35.20% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.414.10 millions, as the company posted revenue of Rs.762.33 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.1176.43 millions.
The result also shows that the company's revenue decreased by 42.63% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.566.49 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.1328.82 millions.

Gross Margin(%) Reported by Nagreeka Exports 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)
78.10 0.70 28.87
Calculated Gross Margin(%) of Nagreeka Exports 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 %
77.41 11128.20%(GM Increase) 49.24 170.56%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 11128.20% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 77.41% GM increase, as the company reported 78.10% GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 0.70% GM.
The result also indicates, the company's GM increased by 170.56% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 49.24% GM increase; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 28.87% GM.

EBITDA Reported by Nagreeka Exports 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)
25.97(Negative) 52.67 59.53
Calculated EBITDA of Nagreeka Exports 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 %
78.64 149.31%(EBITDA Decrease) 85.50 143.63%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 149.31% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.78.64 millions, as the company posted Negative EBITDA of Rs.25.97 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EBITDA of Rs.52.67 millions.
The result also shows that the company's EBITDA decreased by 143.63% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.85.50 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EBITDA of Rs.59.53 millions.

Profit and Loss Reported by Nagreeka Exports 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)
82.88(Loss ) 0.68(Profit ) 3.52(Profit )
Calculated Profit and Loss of Nagreeka Exports 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 %
83.56 12288.24%(Loss Increase) 86.40 2454.55%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 12288.24% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for loss increase of Rs.83.56 millions, as the company posted loss of Rs.82.88 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported profit of Rs.0.68 million.
The result also shows that the company's loss increased by 2454.55% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for loss increase of Rs.86.40 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted profit of Rs.3.52 millions.

EPS Reported by Nagreeka Exports 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)
6.63(Negative) 0.05 0.28
Calculated EPS of Nagreeka Exports 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 %
6.68 13360.00%(EPS Decrease) 6.91 2467.86%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 13360.00% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.6.68, as the company posted Negative EPS of Rs.6.63; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EPS of Rs.0.05.
The result also shows that the company's EPS decreased by 2467.86% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.6.91; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EPS of Rs.0.28.

 


***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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