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GM Polyplast -Standalone first 9 months Net profit in FY21 jumps to Rs.2.59 crore against Rs.1.89 crore in 9 months period-FY20


GM Polyplast– Standalone first 9 months of FY21 Revenue stood at Rs.32.84 crore against Rs.47.15 crore in 9 months period-FY20

Company : GM Polyplast Limited

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

- Net profit rises to Rs.2.59 crore against Rs.1.89 crore in a year ago period

- Revenue was Rs.32.84 crore whereas in the last year same period it was Rs.47.15 crore.

- Earning per share was 15.30 against Rs.11.86 in the corresponding period previous year

Standalone annual revenue in FY19-20 reached Rs.63.14 crore against Rs.68.11 crore in a year ago period with net profit of Rs.2.29 crore against Rs.1.57 crore in a year ago period. Earning per share in FY21 was Rs.14.33 against Rs.9.85 in a year ago period at GM Polyplast.

Result
Rs. in Lacs
Quarter
Ended
Quarter
Ended
Nine Months Ended Nine Months Ended Year Ended
Year
31/12/2020 31/12/2019 31/12/2020 31/12/2019 2019-2020
Income Statement
Revenue 0.00 0.00 32.84 47.5 63.14
Other Income 0.00 0.00 0.00 0.00 0.00
Total Income 0.00 0.00 32.84 47.15 63.14
Expenditure 0.00 0.00 28.92 44.28 59.41
Interest 0.00 0.00 3.12 1.78 2.31
PBDT 0.00 0.00 3.61 2.69 3.50
Depreciation 0.00 0.00 4.36 5.85 7.80
PBT 0.00 0.00 31.76 21.05 27.20
Other Income 0.00 0.00 2.46 2.66 2.84
Tax 0.00 0.00 8.26 4.75 6.33
Net Profit 0.00 0.00 2.59 1.89 2.29
Equity 0.00 0.00 1.92 1.00 1.00
EPS 0.00 0.00 15.30 11.86 14.33

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