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Sangam Renewables incurred Rs.41.30 lacs loss in Q4 FY19-20


Sangam Renewables reported decrease in revenue by Rs.178.27 lacs in Q4 of FY2019-20 as compared to a year ago period.

Company : SANGAM RENEWABLES LIMITED

Sangam Renewables announced its standalone and consolidated financials for quarter and year ended on March 31, 2020

Following are the standalone Q4 financials at Sangam Renewables in FY2019-20:

- Q4 revenue reached Rs.98.94 lacs whereas previous year same period it was Rs.2.77crore.

- Q4 net loss was Rs.41.30 lacs as against profit of Rs.46.22 lacs in a year ago period.

- Loss per share in Q4 was Rs.0.20 while previous year same period it was Rs.0.53.

For the financial year 2019-20, standalone revenue at Sangam Renewables reached Rs.5.08 croreas against Rs.5.82 crore a year ago. Net loss for FY19-20was Rs.18.59 lacs whereas preceding year it was Rs.30.93 lacs.

Further, are the consolidated Q4 financial figures of FY2019-20 at Sangam Renewables are:

- Net loss reached Rs.2.65 crore as against loss of Rs.16.53 lacs in previous quarter. - Revenue reached Rs.1.40 crore whereas in Q3 it was Rs.2.39 crore - Loss per share stood at Rs.1.27

The standalone financials for the recently concluded year 2019-20 shows revenue of Rs.7.37croreat Sangam Renewables as against Rs.7.58 crore in a year ago period.

Net consolidated loss for FY19-20 stood atRs.3.17 crore whereas preceding year it was net loss of Rs.1.91 crore. Loss per share for FY19-20 was Rs.1.54.

Result
Rs. in Lacs
Current Year Upto Previous Year Upto Previous Year
31/3/2020 31/3/2019 2019-2020
Income Statement
Revenue 14.08 246.88 197.57
Other Income 84.86 30.33 310.50
Total Income 98.94 277.21 508.07
Expenditure 49.51 48.57 193.33
Finance Cost 85.48 89.58 338.43
PBDT -36.05 139.06 -23.69
Depreciation 3.99 3.95 16.10
PBT -40.04 135.11 -39.79
Tax 1.27 88.89 -21.21
Net Profit -41.31 46.22 -18.58
Equity 2081.48 1001.48 2050.07
EPS -0.20 0.53 -0.09

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