Responsive Industries posted profit of Rs.7.07 crores in (Q1) FY 2020-21

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Team Infinities:

Responsive Industries Limited NSE Symbol:RESPONIND, BSE Security Code:505509 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 Responsive 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)
156.47 124.54 148.88
Calculated Revenue of Responsive 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 %
31.93 25.64%(Revenue Increase) 7.59 5.10%(Revenue Increase)

Revenue: Responsive Industries Limited's financial report shows that the company's revenue increased by 25.64% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for revenue increase of Rs.31.93 crores, as the company posted revenue of Rs.156.47 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported revenue of Rs.124.54 crores.
The result also shows that the company's revenue increased by 5.10% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for revenue increase of Rs.7.59 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted revenue of Rs.148.88 crores.

Gross Margin(%) Reported by Responsive 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)
67.96 30.19 30.04
Calculated Gross Margin(%) of Responsive 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 %
37.78 125.13%(GM Increase) 37.93 126.27%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 125.13% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for 37.78% GM increase, as the company reported 67.96% GM; in compare to previous quarter(January, 2020 - March, 2020) when the company reported 30.19% GM.
The result also indicates, the company's GM increased by 126.27% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for 37.93% GM increase; in compare to corresponding quarter(April, 2019 - June, 2019) when the company reported 30.04% GM.

EBITDA Reported by Responsive 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)
22.36 23.70 30.27
Calculated EBITDA of Responsive 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 %
1.34 5.65%(EBITDA Decrease) 7.91 26.13%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 5.65% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.1.34 crores, as the company posted EBITDA of Rs.22.36 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported EBITDA of Rs.23.70 crores.
The result also shows that the company's EBITDA decreased by 26.13% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EBITDA decrease of Rs.7.91 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EBITDA of Rs.30.27 crores.

Profit and Loss Reported by Responsive 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)
7.07(Profit ) 4.24(Loss ) 4.29(Profit )
Calculated Profit and Loss of Responsive 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 %
11.31 266.75%(Profit Increase) 2.78 64.80%(Profit Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 266.75% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for profit increase of Rs.11.31 crores, as the company posted profit of Rs.7.07 crores; in compare to previous quarter(January, 2020 - March, 2020) when the company reported loss of Rs.4.24 crores. Please note that the company has received a Tax Credit worth Rs.3.4 crore in the current quarter.
The result also shows that the company's profit increased by 64.80% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for profit increase of Rs.2.78 crores; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted profit of Rs.4.29 crores.

EPS Reported by Responsive 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)
0.31 0.22(Negative) 0.21
Calculated EPS of Responsive 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 %
0.53 240.91%(EPS Increase) 0.10 47.62%(EPS Increase)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 240.91% in QoQ(Quarter on Quarter) / current quarter(April, 2020 - June, 2020) for EPS increase of Rs.0.53, as the company posted EPS of Rs.0.31; in compare to previous quarter(January, 2020 - March, 2020) when the company reported Negative EPS of Rs.0.22.
The result also shows that the company's EPS increased by 47.62% in YoY(Year over Year) / in current quarter(April, 2020 - June, 2020) for EPS increase of Rs.0.10; in compare to corresponding quarter(April, 2019 - June, 2019) when the company posted EPS of Rs.0.21.

 


***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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