Mohota Industries loss increases by 1.75% in (Q2) FY 2020-21

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Team Infinities:

Mohota Industries Limited NSE Symbol:MOHOTAIND, BSE Security Code:530047 has declared its 2nd(second) quarter unaudited standalone financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.

Revenue Reported by Mohota Industries 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)
2.43 0.60 38.59 3.03 79.72
Calculated Revenue of Mohota Industries 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 %
1.83 305.00%(Revenue Increase) 36.16 93.70%(Revenue Decrease) 76.69 96.20%(Revenue Decrease)

Revenue: Mohota Industries Limited's financial report shows that the company's revenue increased by 305.00% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.1.83 crores, as the company posted revenue of Rs.2.43 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.0.60 crore.
The result also shows that the company's revenue decreased by 93.70% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.36.16 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.38.59 crores.
The company also reported that its revenue decreased by 96.20% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.76.69 crores, since the company reported revenue of Rs.3.03 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.79.72 crores.

Gross Margin(%) Reported by Mohota Industries 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)
88.26 344.26 93.73 136.53 69.83
Calculated Gross Margin(%) of Mohota Industries 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 %
256.00 74.36%(GM Decrease) 5.47 5.83%(GM Decrease) 66.70 95.52%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 74.36% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 256.00% GM decrease, as the company reported 88.26% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 344.26% GM.
The result also indicates, the company's GM decreased by 5.83% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 5.47% GM decrease; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 93.73% GM.
The company also reported that its GM increased by 95.52% in 6 months end(April, 2020 - September, 2020) for 66.70% GM increase, since the company reported 136.53% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 69.83% GM.

EBITDA Reported by Mohota Industries 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)
1.77(Negative) 1.79(Negative) 1.88(Negative) 3.56(Negative) 5.28(Negative)
Calculated EBITDA of Mohota Industries 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 %
0.02 1.12%(EBITDA Increase) 0.11 5.85%(EBITDA Increase) 1.72 32.58%(EBITDA Increase)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 1.12% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.0.02 crore, as the company posted Negative EBITDA of Rs.1.77 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported Negative EBITDA of Rs.1.79 crores.
The result also shows that the company's EBITDA increased by 5.85% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.0.11 crore; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted Negative EBITDA of Rs.1.88 crores.
The company also reported that its EBITDA increased by 32.58% in 6 months end(April, 2020 - September, 2020) for EBITDA increase of Rs.1.72 crores, since the company reported Negative EBITDA of Rs.3.56 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted Negative EBITDA of Rs.5.28 crores.

Profit and Loss Reported by Mohota Industries 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)
4.66(Loss ) 4.58(Loss ) 4.96(Loss ) 9.24(Loss ) 10.97(Loss )
Calculated Profit and Loss of Mohota Industries 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 %
0.08 1.75%(Loss Increase) 0.30 6.05%(Loss Decrease) 1.73 15.77%(Loss Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 1.75% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for loss increase of Rs.0.08 crore, as the company posted loss of Rs.4.66 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported loss of Rs.4.58 crores.
The result also shows that the company's loss decreased by 6.05% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for loss decrease of Rs.0.30 crore; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted loss of Rs.4.96 crores.
The company also reported that its loss decreased by 15.77% in 6 months end(April, 2020 - September, 2020) for loss decrease of Rs.1.73 crores, since the company reported loss of Rs.9.24 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted loss of Rs.10.97 crores.

EPS Reported by Mohota Industries 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)
3.17(Negative) 3.11(Negative) 3.37(Negative) 6.29(Negative) 7.46(Negative)
Calculated EPS of Mohota Industries 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 %
0.06 1.93%(EPS Decrease) 0.20 5.93%(EPS Increase) 1.17 15.68%(EPS Increase)

EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 1.93% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.0.06, as the company posted Negative EPS of Rs.3.17; in compare to previous quarter(April, 2020 - June, 2020) when the company reported Negative EPS of Rs.3.11.
The result also shows that the company's EPS increased by 5.93% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS increase of Rs.0.20; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted Negative EPS of Rs.3.37.
The company also reported that its EPS increased by 15.68% in 6 months end(April, 2020 - September, 2020) for EPS increase of Rs.1.17, since the company reported Negative EPS of Rs.6.29; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted Negative EPS of Rs.7.46.

Assets Reported by Mohota Industries 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 206.90 208.35 88.44 90.97
  Change Change % Change Change %
Calculated 1.45 0.70%(Assets Decrease) 2.53 2.78%(Assets Decrease)

Assets:The company reported its non-current assets decreased by 0.70% in current quarter(September, 2020) for non-current assets decrease of Rs.1.45 crores, since the company reported net non-current assets of Rs.206.90 crores; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.208.35 crores.
The balance sheet of the company also shows that, its current assets decreased by 2.78% in current quarter(September, 2020) for current assets decrease of Rs.2.53 crores, as the company reported net current assets of Rs.88.44 crores; against previous year end(March, 2020) when the company reported net current assets of Rs.90.97 crores.

Liabilities Reported by Mohota Industries 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 18.13 18.77 109.64 103.73
  Change Change % Change Change %
Calculated 0.64 3.41%(Liabilities Decrease) 5.91 5.70%(Liabilities Increase)

Liabilities:The company reported its non-current liabilities decreased by 3.41% in current quarter(September, 2020) for non-current liabilities decrease of Rs.0.64 crore, since the company reported net non-current liabilities of Rs.18.13 crores; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.18.77 crores.
The balance sheet of the company also shows that, its current liabilities increased by 5.70% in current quarter(September, 2020) for current liabilities increase of Rs.5.91 crores, as the company reported net current liabilities of Rs.109.64 crores; against previous year end(March, 2020) when the company reported net current liabilities of Rs.103.73 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.