Chemtech Industrial Valves– Q1-FY21 PAT jumps to Rs.7.71 lacs against loss of Rs.41.80 lacs in Q1-FY20

Chemtech Industrial Valves– Q1-FY21 revenue at Rs.2.96 crore against Rs.4.08 crore in Q1-FY20

Chemtech Industrial Valves declared its standalone financial results for the Q1 ended 30st June, 2020 marking a jump in post-tax against net loss in the corresponding period last year.

Following are the Q1 financials at Chemtech Industrial Valves in FY20-21:

-Post-tax profit of Rs.7.71 lacs compared to net loss of Rs.41.80 lacs in the corresponding period last year .

-Revenue reached Rs.2.96 crore against Rs.4.08 crore in a year ago period.

-Earning per share of Rs.0.07 against loss per share of Rs. 0.36 in the previous year corresponding period.

By the end of financial year 2019-20, standalone total revenue at Chemtech Industrial Valves reached Rs.19.79 crore with PAT of Rs.97.13 lacs and EPS of Rs.0.85.

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