Chromatic India loss increases by 424.66% in (Q2) FY 2020-21

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Team Infinities:

Chromatic India Limited NSE Symbol:CHROMATIC, BSE Security Code:530191 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 Chromatic India 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)
2657.74 4.18 18.66 2661.93 62.07
Calculated Revenue of Chromatic India 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 %
2653.56 63482.30%(Revenue Increase) 2639.08 14142.98%(Revenue Increase) 2599.86 4188.59%(Revenue Increase)

Revenue: Chromatic India Limited's financial report shows that the company's revenue increased by 63482.30% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.2653.56 millions, as the company posted revenue of Rs.2657.74 millions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.4.18 millions.
The result also shows that the company's revenue increased by 14142.98% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue increase of Rs.2639.08 millions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.18.66 millions.
The company also reported that its revenue increased by 4188.59% in 6 months end(April, 2020 - September, 2020) for revenue increase of Rs.2599.86 millions, since the company reported revenue of Rs.2661.93 millions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.62.07 millions.

Gross Margin(%) Reported by Chromatic India 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)
100.14 0.49 22.82 100.02 13.78
Calculated Gross Margin(%) of Chromatic India 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 %
99.65 20188.09%(GM Increase) 77.33 338.92%(GM Increase) 86.24 625.91%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 20188.09% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 99.65% GM increase, as the company reported 100.14% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 0.49% GM.
The result also indicates, the company's GM increased by 338.92% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 77.33% GM increase; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 22.82% GM.
The company also reported that its GM increased by 625.91% in 6 months end(April, 2020 - September, 2020) for 86.24% GM increase, since the company reported 100.02% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 13.78% GM.

EBITDA Reported by Chromatic India 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)
32.73(Negative) 6.01(Negative) 5.74(Negative) 38.74(Negative) 5.07
Calculated EBITDA of Chromatic India 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 %
26.72 444.59%(EBITDA Decrease) 26.99 470.21%(EBITDA Decrease) 43.81 864.10%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 444.59% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.26.72 millions, as the company posted Negative EBITDA of Rs.32.73 millions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported Negative EBITDA of Rs.6.01 millions.
The result also shows that the company's EBITDA decreased by 470.21% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.26.99 millions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted Negative EBITDA of Rs.5.74 millions.
The company also reported that its EBITDA decreased by 864.10% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.43.81 millions, since the company reported Negative EBITDA of Rs.38.74 millions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.5.07 millions.

Profit and Loss Reported by Chromatic India 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)
34.89(Loss ) 6.65(Loss ) 6.95(Loss ) 41.54(Loss ) 16.91(Loss )
Calculated Profit and Loss of Chromatic India 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 %
28.24 424.66%(Loss Increase) 27.94 402.01%(Loss Increase) 24.63 145.65%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 424.66% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for loss increase of Rs.28.24 millions, as the company posted loss of Rs.34.89 millions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported loss of Rs.6.65 millions.
The result also shows that the company's loss increased by 402.01% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for loss increase of Rs.27.94 millions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted loss of Rs.6.95 millions.
The company also reported that its loss increased by 145.65% in 6 months end(April, 2020 - September, 2020) for loss increase of Rs.24.63 millions, since the company reported loss of Rs.41.54 millions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted loss of Rs.16.91 millions.

EPS Reported by Chromatic India 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)
0.05(Negative) 0.01(Negative) 0.01(Negative) 0.06(Negative) 0.02(Negative)
Calculated EPS of Chromatic India 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 %
0.04 422.34%(EPS Decrease) 0.04 401.02%(EPS Decrease) 0.03 145.80%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 422.34% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.0.04, as the company posted Negative EPS of Rs.0.05; in compare to previous quarter(April, 2020 - June, 2020) when the company reported Negative EPS of Rs.0.01.
The result also shows that the company's EPS decreased by 401.02% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.0.04; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted Negative EPS of Rs.0.01.
The company also reported that its EPS decreased by 145.80% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.0.03, since the company reported Negative EPS of Rs.0.06; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted Negative EPS of Rs.0.02.

 


***All amounts are given in Million 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.