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Sumit Woods – CONSOL Q1FY21 net loss of Rs.2.28 crore against PAT of Rs.2.84 crore YoY


Sumit Woods - Standalone Q1FY21 loss of Rs.2.04 crore against profit of Rs.1.85 crore YoY

Company : Sumit Woods Limited

Sumit Woods announced its standalone and consolidated financials for the Q1 ended on 30th June, 2020.

Following are the standalone financial figures for the Q1 ended 30th June, 2020:

• Net loss reached Rs.2.04 crore against profit of Rs.1.85 crore in a year ago period.

• Revenue was Rs.39.47 lacs whereas last year corresponding period it was Rs.3.07 crore.

• Loss per share stood at Rs.0.67 against profit Rs.1.21 in the previous year same period.

For the year that ended on 31st March, 2020, the company earned standalone total revenue of Rs.10.59 crore with PAT of Rs.2.73 crore and EPS of Rs.0.89.

Consolidated Q1 financials at Sumit Woods in FY2020-21 are as follows:

• Q1 net loss reached Rs.2.28 crore against profit Rs.2.84 crore in Q1-FY20.

• Q1 revenue stood at Rs.7.33 crore while previous year same period it was Rs.9.75 crore.

• Q1 loss per share was Rs.0.65 against earnings of Rs.1.54 in a year ago period.

Annual consolidated PAT for FY19-20 reached Rs.5.99 crore with revenue of Rs.49.96 crore and EPS was Rs.2.10.


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