Peninsula Land posts profit of Rs.14.77 crores in (Q2) FY 2020-21

Source

Team Infinities:

Peninsula Land Limited NSE Symbol:PENINLAND, BSE Security Code:503031 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 Peninsula Land 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)
44.97 43.95 23.93 88.42 45.71
Calculated Revenue of Peninsula Land 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 %
1.02 2.32%(Revenue Increase) 21.04 87.92%(Revenue Increase) 42.71 93.44%(Revenue Increase)

Revenue: Peninsula Land Limited's financial report shows that the company's revenue increased by 2.32% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.1.02 crores, as the company posted revenue of Rs.44.97 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.43.95 crores.
The result also shows that the company's revenue increased by 87.92% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue increase of Rs.21.04 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.23.93 crores.
The company also reported that its revenue increased by 93.44% in 6 months end(April, 2020 - September, 2020) for revenue increase of Rs.42.71 crores, since the company reported revenue of Rs.88.42 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.45.71 crores.

EBITDA Reported by Peninsula Land 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)
48.56 6.21 96.21(Negative) 54.77 127.98(Negative)
Calculated EBITDA of Peninsula Land 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 %
42.35 681.96%(EBITDA Increase) 144.77 150.47%(EBITDA Increase) 182.75 142.80%(EBITDA Increase)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 681.96% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.42.35 crores, as the company posted EBITDA of Rs.48.56 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.6.21 crores.
The result also shows that the company's EBITDA increased by 150.47% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.144.77 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted Negative EBITDA of Rs.96.21 crores.
The company also reported that its EBITDA increased by 142.80% in 6 months end(April, 2020 - September, 2020) for EBITDA increase of Rs.182.75 crores, since the company reported EBITDA of Rs.54.77 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted Negative EBITDA of Rs.127.98 crores.

Profit and Loss Reported by Peninsula Land 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)
14.77(Profit ) 31.00(Loss ) 147.89(Loss ) 16.23(Loss ) 222.02(Loss )
Calculated Profit and Loss of Peninsula Land 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 %
45.77 147.65%(Profit Increase) 162.66 109.99%(Profit Increase) 205.79 92.69%(Loss Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 147.65% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit increase of Rs.45.77 crores, as the company posted profit of Rs.14.77 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported loss of Rs.31.00 crores. Please note that the company has received a Tax Credit worth Rs.1.6 crore in the current quarter.
The result also shows that the company's profit increased by 109.99% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit increase of Rs.162.66 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted loss of Rs.147.89 crores.
The company also reported that its loss decreased by 92.69% in 6 months end(April, 2020 - September, 2020) for loss decrease of Rs.205.79 crores, since the company reported loss of Rs.16.23 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted loss of Rs.222.02 crores.

EPS Reported by Peninsula Land 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)
0.53 1.11(Negative) 5.30(Negative) 0.58(Negative) 7.95(Negative)
Calculated EPS of Peninsula Land 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 %
1.64 147.75%(EPS Increase) 5.83 110.00%(EPS Increase) 7.37 92.70%(EPS Increase)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 147.75% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.1.64, as the company posted EPS of Rs.0.53; in compare to previous quarter(April, 2020 - June, 2020) when the company reported Negative EPS of Rs.1.11.
The result also shows that the company's EPS increased by 110.00% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS increase of Rs.5.83; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted Negative EPS of Rs.5.30.
The company also reported that its EPS increased by 92.70% in 6 months end(April, 2020 - September, 2020) for EPS increase of Rs.7.37, since the company reported Negative EPS of Rs.0.58; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted Negative EPS of Rs.7.95.

Assets Reported by Peninsula Land 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 414.62 440.38 1757.90 3318.41
  Change Change % Change Change %
Calculated 25.76 5.85%(Assets Decrease) 1560.51 47.03%(Assets Decrease)

Assets:The company reported its non-current assets decreased by 5.85% in current quarter(September, 2020) for non-current assets decrease of Rs.25.76 crores, since the company reported net non-current assets of Rs.414.62 crores; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.440.38 crores.
The balance sheet of the company also shows that, its current assets decreased by 47.03% in current quarter(September, 2020) for current assets decrease of Rs.1560.51 crores, as the company reported net current assets of Rs.1757.90 crores; against previous year end(March, 2020) when the company reported net current assets of Rs.3318.41 crores.

Liabilities Reported by Peninsula Land 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 31.20 436.86 2424.64 3584.42
  Change Change % Change Change %
Calculated 405.66 92.86%(Liabilities Decrease) 1159.78 32.36%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities decreased by 92.86% in current quarter(September, 2020) for non-current liabilities decrease of Rs.405.66 crores, since the company reported net non-current liabilities of Rs.31.20 crores; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.436.86 crores.
The balance sheet of the company also shows that, its current liabilities decreased by 32.36% in current quarter(September, 2020) for current liabilities decrease of Rs.1159.78 crores, as the company reported net current liabilities of Rs.2424.64 crores; against previous year end(March, 2020) when the company reported net current liabilities of Rs.3584.42 crores.

 


***All amounts are given in Crore 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.