GlobalSpace Technologies - Standalone Q3-FY21 Net profit was Rs. 2.09 crore against loss of Rs. 3.16 crore in Q3-FY20

GlobalSpace Technologies – Standalone Q3-FY21 Revenue reached at Rs.6.54 crore against Rs.5.53 crore in Q3-FY20.

GlobalSpace Technologies announced its Standalone and consolidated financial results for the quarter and period ended on 31st December, 2020.

Financials for Standalone Q3 at GlobalSpace Technologies in FY20-21 are as follows:

- Revenue reached at Rs. 6.54 crore while previous year corresponding period it was Rs. 5.53 crore

- Net profit was Rs. 2.09 crore against loss of Rs.3.16 crore in a year ago period.

- Earning per share was Rs. 1.83 against Loss per share of Rs. 2.77 in a year ago period.

Standalone financials for the 9 months period ended on 31st December 2020 at GlobalSpace Technologies are as follows:

- Revenue was Rs. 18.69 crore whereas previous year corresponding period it was Rs. 16.96 crore.

- Net profit was Rs.6.37 crore against loss of Rs.1.56 crore in a year ago period.

- Earning per share was Rs. 5.56 against Loss per share of Rs. 1.37 in the corresponding period previous year.

Standalone annual revenue in FY19-20 reached Rs. 2.49 crore with net profit of Rs.4.16 crore and Loss per share was Rs. 3.64 at GlobalSpace Technologies

Following are the consolidated Q3 financials at GlobalSpace Technologies in FY20-21:

- Revenue stood at Rs. 6.76 crore while previous year corresponding period it was Rs. 5.98 crore

- Net profit was Rs.1.86 crore against loss of Rs.3.28 crore in a year ago period.

- Earning per share was Rs. 1.64 against Loss per share of Rs. 2.87 in a year ago period.

Consolidated financials for the first 9 months period in FY20-21 at GlobalSpace Technologies are given below:

- Revenue was Rs. 19.61 crore whereas previous year corresponding period it was Rs. 17.46 crore

- Net profit was Rs.6.44 crore against loss of Rs.2.63 crore in a year ago period

- Earning per share was Rs. 5.62 against Loss per share of Rs. 0.07 in the corresponding period previous year.

Consolidated annual revenue in FY19-20 reached Rs. 25.92 crore with net loss of Rs.2.97 crore and profit per share was Rs. 2.49 at GlobalSpace Technologies.

Result

Rs. in Lacs

	Quarter Ended	Quarter Ended	Current Year Upto	Previous Year Upto	Previous Year
	31/12/2020	31/12/2019	31/12/2020	31/12/2019	2019-2020
Income Statement
Revenue	654.05	553.04	1859.83	1696.47	2490.89
Other Income	0.57	0.00	9.57	0.00	0.85
Total Income	654.62	553.04	1869.4	1696.47	2491.74
Expenditure	343.06	811.42	866.34	1536.17	1704.88
Interest	12.02	19.61	55.24	56.60	87.01
PBDT	299.54	-277.99	947.82	103.7	699.85
Depreciation	44.25	-15.73	145.88	162.54	146.81
PBT	255.32	-262.26	801.94	-58.84	553.04
Tax	45.55	54.62	164.00	97.56	136.18
Net Profit	209.33	-316.88	637.94	-156.39	416.86
Equity	1145.66	1145.66	1145.66	1145.66	1145.66
EPS	1.83	-2.77	5.56	-1.37	-3.64

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