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Rs.28.44 lacs PAT at Axita Cotton in half year ended 31st March, 2020

Total revenue reached Rs.409.03 crore in Axita Cotton in HY31.03.20 as against Rs.159.94 crore in a year ago period.

Company : Axita Cotton Ltd

Financial results for the annual and half year ended 31st march, 2020 released at Axita Cotton shows rise in revenue and fall in net profit

Below are the HY2 financial details of FY2019-20 at Axita Cotton:

• Profit after tax stood at Rs.28.44 lacs compared to Rs.40.23 lacs in pervious year same period.

• Earnings per share is Rs.0.32 whereas last year corresponding period it was profit of Rs.0.72

• Profit before tax reached Rs.42.53 lacs while previous year same period it was PBT of Rs.51.69 lacs.

For the year that ended on 31st March, 2020, the company earned total revenue of Rs.484.54 crore as compared to Rs.214.12 crore in the previous fiscal year

Net profit reached Rs.35.32 lacs in FY2019-20 at Axita Cotton showing a fall when compared to net profit of Rs.46.14 lacs in the previous year. Earnings per share stood at Rs.0.43

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