Ram Ratna Wires posts profit of Rs.3.33 crores in (Q2) FY 2020-21

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Team Infinities:

Ram Ratna Wires Limited BSE Security Code:522281 has declared its 2nd(second) quarter unaudited consolidated financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.

Revenue Reported by Ram Ratna Wires Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
359.40 183.16 367.87 542.57 761.51
Calculated Revenue of Ram Ratna Wires Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
176.24 96.22%(Revenue Increase) 8.47 2.30%(Revenue Decrease) 218.94 28.75%(Revenue Decrease)

Revenue: Ram Ratna Wires Limited's financial report shows that the company's revenue increased by 96.22% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.176.24 crores, as the company posted revenue of Rs.359.40 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.183.16 crores.
The result also shows that the company's revenue decreased by 2.30% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.8.47 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.367.87 crores.
The company also reported that its revenue decreased by 28.75% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.218.94 crores, since the company reported revenue of Rs.542.57 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.761.51 crores.

Gross Margin(%) Reported by Ram Ratna Wires Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
7.37 18.70 19.16 11.19 14.11
Calculated Gross Margin(%) of Ram Ratna Wires Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
11.33 60.60%(GM Decrease) 11.79 61.54%(GM Decrease) 2.92 20.72%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 60.60% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 11.33% GM decrease, as the company reported 7.37% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 18.70% GM.
The result also indicates, the company's GM decreased by 61.54% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 11.79% GM decrease; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 19.16% GM.
The company also reported that its GM decreased by 20.72% in 6 months end(April, 2020 - September, 2020) for 2.92% GM decrease, since the company reported 11.19% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 14.11% GM.

EBITDA Reported by Ram Ratna Wires Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
13.94 3.70 18.37 17.65 34.44
Calculated EBITDA of Ram Ratna Wires Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
10.24 276.76%(EBITDA Increase) 4.43 24.12%(EBITDA Decrease) 16.79 48.75%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 276.76% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.10.24 crores, as the company posted EBITDA of Rs.13.94 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.3.70 crores.
The result also shows that the company's EBITDA decreased by 24.12% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.4.43 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.18.37 crores.
The company also reported that its EBITDA decreased by 48.75% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.16.79 crores, since the company reported EBITDA of Rs.17.65 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.34.44 crores.

Profit and Loss Reported by Ram Ratna Wires Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
3.33(Profit ) 5.30(Loss ) 7.10(Profit ) 1.97(Loss ) 9.44(Profit )
Calculated Profit and Loss of Ram Ratna Wires Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
8.63 162.83%(Profit Increase) 3.77 53.10%(Profit Decrease) 11.41 120.87%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 162.83% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit increase of Rs.8.63 crores, as the company posted profit of Rs.3.33 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported loss of Rs.5.30 crores.
The result also shows that the company's profit decreased by 53.10% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit decrease of Rs.3.77 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.7.10 crores.
The company also reported that its loss increased by 120.87% in 6 months end(April, 2020 - September, 2020) for loss increase of Rs.11.41 crores, since the company reported loss of Rs.1.97 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.9.44 crores.

EPS Reported by Ram Ratna Wires Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
1.43 2.10(Negative) 3.34 0.66(Negative) 4.28
Calculated EPS of Ram Ratna Wires Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
3.53 168.10%(EPS Increase) 1.91 57.19%(EPS Decrease) 4.94 115.42%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 168.10% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.3.53, as the company posted EPS of Rs.1.43; in compare to previous quarter(April, 2020 - June, 2020) when the company reported Negative EPS of Rs.2.10.
The result also shows that the company's EPS decreased by 57.19% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.1.91; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.3.34.
The company also reported that its EPS decreased by 115.42% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.4.94, since the company reported Negative EPS of Rs.0.66; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.4.28.

 


***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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