Puravankara loss decreases by 42.06% in (Q2) FY 2020-21

Source

Team Infinities:

Puravankara Limited NSE Symbol:PURVA, BSE Security Code:532891 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 Puravankara 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)
220.07 190.53 623.81 410.60 1269.36
Calculated Revenue of Puravankara 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 %
29.54 15.50%(Revenue Increase) 403.74 64.72%(Revenue Decrease) 858.76 67.65%(Revenue Decrease)

Revenue: Puravankara Limited's financial report shows that the company's revenue increased by 15.50% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.29.54 crores, as the company posted revenue of Rs.220.07 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.190.53 crores.
The result also shows that the company's revenue decreased by 64.72% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.403.74 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.623.81 crores.
The company also reported that its revenue decreased by 67.65% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.858.76 crores, since the company reported revenue of Rs.410.60 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.1269.36 crores.

Gross Margin(%) Reported by Puravankara 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)
18.58 34.00 145.73 25.71 128.81
Calculated Gross Margin(%) of Puravankara 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 %
15.42 45.35%(GM Decrease) 127.16 87.25%(GM Decrease) 103.11 80.04%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 45.35% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 15.42% GM decrease, as the company reported 18.58% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 34.00% GM.
The result also indicates, the company's GM decreased by 87.25% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 127.16% GM decrease; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 145.73% GM.
The company also reported that its GM decreased by 80.04% in 6 months end(April, 2020 - September, 2020) for 103.11% GM decrease, since the company reported 25.71% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 128.81% GM.

EBITDA Reported by Puravankara 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)
79.68 66.26 128.62 145.94 290.93
Calculated EBITDA of Puravankara 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 %
13.42 20.25%(EBITDA Increase) 48.94 38.05%(EBITDA Decrease) 144.99 49.84%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 20.25% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.13.42 crores, as the company posted EBITDA of Rs.79.68 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.66.26 crores.
The result also shows that the company's EBITDA decreased by 38.05% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.48.94 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.128.62 crores.
The company also reported that its EBITDA decreased by 49.84% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.144.99 crores, since the company reported EBITDA of Rs.145.94 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.290.93 crores.

Profit and Loss Reported by Puravankara 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)
9.81(Loss ) 16.93(Loss ) 24.50(Profit ) 26.74(Loss ) 71.90(Profit )
Calculated Profit and Loss of Puravankara 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 %
7.12 42.06%(Loss Decrease) 34.31 140.04%(Loss Increase) 98.64 137.19%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss decreased by 42.06% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for loss decrease of Rs.7.12 crores, as the company posted loss of Rs.9.81 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported loss of Rs.16.93 crores.
The result also shows that the company's loss increased by 140.04% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for loss increase of Rs.34.31 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.24.50 crores.
The company also reported that its loss increased by 137.19% in 6 months end(April, 2020 - September, 2020) for loss increase of Rs.98.64 crores, since the company reported loss of Rs.26.74 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.71.90 crores.

EPS Reported by Puravankara 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)
0.41(Negative) 0.71(Negative) 1.16 1.13(Negative) 3.03
Calculated EPS of Puravankara 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 %
0.30 42.25%(EPS Increase) 1.57 135.34%(EPS Decrease) 4.16 137.29%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 42.25% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.0.30, as the company posted Negative EPS of Rs.0.41; in compare to previous quarter(April, 2020 - June, 2020) when the company reported Negative EPS of Rs.0.71.
The result also shows that the company's EPS decreased by 135.34% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.1.57; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.1.16.
The company also reported that its EPS decreased by 137.29% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.4.16, since the company reported Negative EPS of Rs.1.13; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.3.03.

Assets Reported by Puravankara Limited for Second Quarter FY, 2020-21
Details Non-current Assets Current Assets
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 1080.26 1103.77 7045.24 6974.78
  Change Change % Change Change %
Calculated 23.51 2.13%(Assets Decrease) 70.46 1.01%(Assets Increase)

Assets:The company reported its non-current assets decreased by 2.13% in current quarter(September, 2020) for non-current assets decrease of Rs.23.51 crores, since the company reported net non-current assets of Rs.1080.26 crores; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.1103.77 crores.
The balance sheet of the company also shows that, its current assets increased by 1.01% in current quarter(September, 2020) for current assets increase of Rs.70.46 crores, as the company reported net current assets of Rs.7045.24 crores; against previous year end(March, 2020) when the company reported net current assets of Rs.6974.78 crores.

Liabilities Reported by Puravankara Limited for Second Quarter FY, 2020-21
Details Non-current Liabilities Current Liabilities
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 150.14 192.08 6086.88 5971.42
  Change Change % Change Change %
Calculated 41.94 21.83%(Liabilities Decrease) 115.46 1.93%(Liabilities Increase)

Liabilities:The company reported its non-current liabilities decreased by 21.83% in current quarter(September, 2020) for non-current liabilities decrease of Rs.41.94 crores, since the company reported net non-current liabilities of Rs.150.14 crores; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.192.08 crores.
The balance sheet of the company also shows that, its current liabilities increased by 1.93% in current quarter(September, 2020) for current liabilities increase of Rs.115.46 crores, as the company reported net current liabilities of Rs.6086.88 crores; against previous year end(March, 2020) when the company reported net current liabilities of Rs.5971.42 crores.

 


***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.