Sreeleathers posted loss of Rs.8.02 millions in (Q1) FY 2020-21

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Team Infinities:

Sreeleathers Limited NSE Symbol:SREEL, BSE Security Code:535601 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 Sreeleathers 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)
32.95 349.83 430.56
Calculated Revenue of Sreeleathers 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 %
316.88 90.58%(Revenue Decrease) 397.61 92.35%(Revenue Decrease)

Revenue: Sreeleathers Limited's financial report shows that the company's revenue decreased by 90.58% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.316.88 millions, as the company posted revenue of Rs.32.95 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.349.83 millions.
The result also shows that the company's revenue decreased by 92.35% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue decrease of Rs.397.61 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.430.56 millions.

Gross Margin(%) Reported by Sreeleathers 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)
112.59 20.29 37.14
Calculated Gross Margin(%) of Sreeleathers 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 %
92.31 455.02%(GM Increase) 75.45 203.15%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 455.02% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 92.31% GM increase, as the company reported 112.59% GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 20.29% GM.
The result also indicates, the company's GM increased by 203.15% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 75.45% GM increase; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 37.14% GM.

EBITDA Reported by Sreeleathers 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)
5.91(Negative) 77.01 106.81
Calculated EBITDA of Sreeleathers 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 %
82.92 107.67%(EBITDA Decrease) 112.72 105.53%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 107.67% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.82.92 millions, as the company posted Negative EBITDA of Rs.5.91 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EBITDA of Rs.77.01 millions.
The result also shows that the company's EBITDA decreased by 105.53% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.112.72 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EBITDA of Rs.106.81 millions.

Profit and Loss Reported by Sreeleathers 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)
8.02(Loss ) 55.51(Profit ) 73.03(Profit )
Calculated Profit and Loss of Sreeleathers 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 %
63.53 114.45%(Loss Increase) 81.05 110.98%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 114.45% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for loss increase of Rs.63.53 millions, as the company posted loss of Rs.8.02 millions; in compare to previous quarter(January, 2020 - March, 2020) when the company reported profit of Rs.55.51 millions.
The result also shows that the company's loss increased by 110.98% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for loss increase of Rs.81.05 millions; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted profit of Rs.73.03 millions.

EPS Reported by Sreeleathers 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)
0.32(Negative) 2.21 2.90
Calculated EPS of Sreeleathers 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 %
2.53 114.48%(EPS Decrease) 3.22 111.03%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 114.48% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.2.53, as the company posted Negative EPS of Rs.0.32; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EPS of Rs.2.21.
The result also shows that the company's EPS decreased by 111.03% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS decrease of Rs.3.22; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EPS of Rs.2.90.

 


***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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