JIK Industries loss decreased by 47.37% in (Q1) FY 2020-21

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Team Infinities:

JIK Industries Limited NSE Symbol:JIKIND, BSE Security Code:511618 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 JIK 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)
0.00 3.94 0.25
Calculated Revenue of JIK 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 %
3.94 100.00%(Revenue Decrease) 0.25 100.00%(Revenue Decrease)

Revenue: JIK Industries Limited's financial report shows that the company's revenue decreased by 100.00% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.3.94 millions, as the company posted revenue of Rs.0.00 million; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.3.94 millions.
The result also shows that the company's revenue decreased by 100.00% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.0.25 million; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.0.25 million.

EBITDA Reported by JIK 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)
0.43(Negative) 0.58 1.75(Negative)
Calculated EBITDA of JIK 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 %
1.01 174.14%(EBITDA Decrease) 1.32 75.43%(EBITDA Increase)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 174.14% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.1.01 millions, as the company posted Negative EBITDA of Rs.0.43 million; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EBITDA of Rs.0.58 million.
The result also shows that the company's EBITDA increased by 75.43% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA increase of Rs.1.32 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted Negative EBITDA of Rs.1.75 millions.

Profit and Loss Reported by JIK 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)
1.00(Loss ) 1.90(Loss ) 2.38(Loss )
Calculated Profit and Loss of JIK 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 %
0.90 47.37%(Loss Decrease) 1.38 57.98%(Loss Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss decreased by 47.37% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for loss decrease of Rs.0.90 million, as the company posted loss of Rs.1.00 million; in compare to previous quarter(January, 2020 - March, 2020) when the company reported loss of Rs.1.90 millions.
The result also shows that the company's loss decreased by 57.98% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for loss decrease of Rs.1.38 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted loss of Rs.2.38 millions.

EPS Reported by JIK 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)
0.01(Negative) 0.00 0.03(Negative)
Calculated EPS of JIK 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 %
0.02 800.00%(EPS Decrease) 0.02 57.58%(EPS Increase)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 800.00% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.0.02, as the company posted Negative EPS of Rs.0.01; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EPS of Rs.0.00.
The result also shows that the company's EPS increased by 57.58% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS increase of Rs.0.02; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted Negative EPS of Rs.0.03.

 


***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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