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Akash Infra-Projects- Standalone Q3-FY21 Net loss was Rs. 1.24crore against loss of Rs. 36.37 Lacs in a year ago period in Q3-FY20


Akash Infra-Projects – Standalone Q3-FY21 Revenue reached Rs.13.09 crore against Rs. 12.45 crore in Q3-FY20

Company : Akash Infra Projects Limited

Akash Infra-Projects announced its Standalone and consolidated financial results for the quarter and period ended on 31st December, 2020.

Financials for Standalone Q3 at Akash Infra-Projects in FY20-21 are as follows:

- Revenue reached Rs.13.09 crore while previous year corresponding period it was Rs. 12.45 crore

- Net loss was Rs. 1.24 crore against loss of Rs. 36.37 lacs in a year ago period.

- Loss per share was Rs. 0.73 against Rs. 0.22 in a year ago period.

Standalone financials for the 9 months period ended on 31st December 2020 at Akash Infra-Projects are as follows:

- Revenue was Rs. 41.77 crore whereas previous year corresponding period it was Rs. 53.17 crore

- Net loss was Rs. 88.60 lacs against profit of Rs.98.68 lacs in a year ago period

- Loss per share was Rs. 0.52 against Earning per share of Rs. 0.59 in the corresponding period previous year.

Standalone annual revenue in FY19-20 reached Rs. 73.34 crore with net profit of Rs. 63.70 lacs and earning per share was Rs. 0.40 at Akash Infra-Projects.

Following are the consolidated Q3 financials at Akash Infra-Projects in FY20-21:

- Revenue stood Rs. 13.10 crore whereas previous year corresponding period it was Rs 12.45crore

- Net loss was Rs. 1.22 crore against loss of Rs. 37.28 lacs in a year ago period.

- Loss per share was Rs. 0.69 while preceding year same period it was Rs.0.22.

Consolidated financials for the first 9 months period in FY20-21 at Akash Infra-Projects:

- Revenue stood was Rs. 41.81 crore whereas previous year corresponding period it was Rs. 53.19 crore.

- Net loss was Rs. 86.77 lacs against profit of Rs. 96.59 lacs in a year ago period.

- Loss per share was Rs. 0.45 while preceding year same period earning per share was Rs. 0.55.

Consolidated annual revenue at Akash Infra-Projects in FY20-21 reached Rs. 73.39 crore with Net profit of Rs. 63.04 lacs and Earning per share was Rs. 0.40.


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