Housing & Urban Development Corporation profit increases 125.12% in (Q2) FY 2020-21

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Team Infinities:

Housing & Urban Development Corporation Limited NSE Symbol:HUDCO, BSE Security Code:540530 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 Housing & Urban Development Corporation 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)
18.66 17.82 20.54 36.47 38.70
Calculated Revenue of Housing & Urban Development Corporation 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 %
0.84 4.71%(Revenue Increase) 1.88 9.15%(Revenue Decrease) 2.23 5.76%(Revenue Decrease)

Revenue: Housing & Urban Development Corporation Limited's financial report shows that the company's revenue increased by 4.71% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.0.84 billion, as the company posted revenue of Rs.18.66 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.17.82 billions.
The result also shows that the company's revenue decreased by 9.15% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.1.88 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.20.54 billions.
The company also reported that its revenue decreased by 5.76% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.2.23 billions, since the company reported revenue of Rs.36.47 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.38.70 billions.

EBITDA Reported by Housing & Urban Development Corporation 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)
18.13 14.70 20.05 32.85 37.31
Calculated EBITDA of Housing & Urban Development Corporation 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 %
3.43 23.33%(EBITDA Increase) 1.92 9.58%(EBITDA Decrease) 4.46 11.95%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 23.33% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.3.43 billions, as the company posted EBITDA of Rs.18.13 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.14.70 billions.
The result also shows that the company's EBITDA decreased by 9.58% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.1.92 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.20.05 billions.
The company also reported that its EBITDA decreased by 11.95% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.4.46 billions, since the company reported EBITDA of Rs.32.85 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.37.31 billions.

Profit and Loss Reported by Housing & Urban Development Corporation 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)
4.57(Profit ) 2.03(Profit ) 7.26(Profit ) 6.61(Profit ) 10.61(Profit )
Calculated Profit and Loss of Housing & Urban Development Corporation 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 %
2.54 125.12%(Profit Increase) 2.69 37.05%(Profit Decrease) 4.00 37.70%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 125.12% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit increase of Rs.2.54 billions, as the company posted profit of Rs.4.57 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported profit of Rs.2.03 billions.
The result also shows that the company's profit decreased by 37.05% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit decrease of Rs.2.69 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.7.26 billions.
The company also reported that its profit decreased by 37.70% in 6 months end(April, 2020 - September, 2020) for profit decrease of Rs.4.00 billions, since the company reported profit of Rs.6.61 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.10.61 billions.

EPS Reported by Housing & Urban Development Corporation 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)
2.38 1.02 3.63 3.30 5.30
Calculated EPS of Housing & Urban Development Corporation 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 %
1.36 133.33%(EPS Increase) 1.25 34.44%(EPS Decrease) 2.00 37.74%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 133.33% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.1.36, as the company posted EPS of Rs.2.38; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EPS of Rs.1.02.
The result also shows that the company's EPS decreased by 34.44% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.1.25; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.3.63.
The company also reported that its EPS decreased by 37.74% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.2.00, since the company reported EPS of Rs.3.30; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.5.30.

Assets Reported by Housing & Urban Development Corporation Limited for Second Quarter FY, 2020-21
Details Non-financial Assets Financial Assets
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 4.95 5.16 773.36 753.54
  Change Change % Change Change %
Calculated 0.21 4.07%(Assets Decrease) 19.82 2.63%(Assets Increase)

Assets:The company reported its non-financial assets decreased by 4.07% in current quarter(September, 2020) for non-financial assets decrease of Rs.0.21 billion, since the company reported net non-financial assets of Rs.4.95 billions; in compare to previous year end(March, 2020) when the company reported net non-financial assets of Rs.5.16 billions.
The balance sheet of the company also shows that, its financial assets increased by 2.63% in current quarter(September, 2020) for financial assets increase of Rs.19.82 billions, as the company reported net financial assets of Rs.773.36 billions; against previous year end(March, 2020) when the company reported net financial assets of Rs.753.54 billions.

Liabilities Reported by Housing & Urban Development Corporation Limited for Second Quarter FY, 2020-21
Details Non-financial Liabilities Financial Liabilities
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 7.36 6.18 645.81 632.72
  Change Change % Change Change %
Calculated 1.18 19.09%(Liabilities Increase) 13.09 2.07%(Liabilities Increase)

Liabilities:The company reported its non-financial liabilities increased by 19.09% in current quarter(September, 2020) for non-financial liabilities increase of Rs.1.18 billions, since the company reported net non-financial liabilities of Rs.7.36 billions; in compare to previous year end(March, 2020) when the company reported net non-financial liabilities of Rs.6.18 billions.
The balance sheet of the company also shows that, its financial liabilities increased by 2.07% in current quarter(September, 2020) for financial liabilities increase of Rs.13.09 billions, as the company reported net financial liabilities of Rs.645.81 billions; against previous year end(March, 2020) when the company reported net financial liabilities of Rs.632.72 billions.

 


***All amounts are given in Billion Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
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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