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