Marvel Decor: Standalone PAT Rs.1.36 crore against Rs.1.56 crore and revenue shrinks to Rs.16.76 crore compared to Rs.17.05 crore YoY.

Company : Milton Industries Limited

Marvel Decor published annual and HY2 financial results in which the company earned total standalone revenue of Rs.16.76 crore for the March 2020 half year while last year same period it was Rs.17.05 crore.

Standalone net profit reached Rs.1.36 crore in the first half year of FY2019-20 against Rs.1.56 crore in a year ago period.

Earnings per share for the current half year was Rs.0.80 whereas preceding year same period it was Rs.0.92.

The standalone financials for the recently concluded year 2019-20 shows revenue of Rs.30.81 crore and PAT of Rs.2.45 crore.

Following are the consolidated financials at Marvel Decor in FY19-20:

• HY2 revenue reached Rs.15.55 crore against Rs.9.24 crore in a year ago period.

• Net HY2 profit was Rs.65.28 lacs while previous year corresponding period it was Rs.1.20 crore.

• Annual revenue reached Rs.30.49 crore as compared to Rs.26.91 crore a year ago.

• Annual PAT stood at Rs.71.69 lacs whereas previous year it was net profit of Rs.3.50 crore.

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