HY2-2019 PAT declines at Rs.62.80 lacs despite revenue jumps to Rs.71.71 crore.

Company : Shanti Overseas (India) Limited

Standalone financial results for the half yearly ended 31st March 2020 released at Servotech Power Systems marking a fall in net gains as compared to a year ago period.

Below are the HY2 standalone financial details of FY2019-20 at Servotech Power Systems:

• PAT stood at Rs.62.80 lacs against Rs.1.08 crore in the previous year corresponding period.

• Revenue earned was Rs.71.71 crore whereas last year same period it was Rs.54.51 crore.

• Earnings per share was Rs.0.34 while last year same period it was Rs.1.45

Servotech Power Systems announced the standalone financial results for the year ended 31.03.2020 and its highlights are as under:

• Net profit reached Rs.77.07 lacs whereas previous year it was over Rs.3 crore

• Total revenue earned is Rs.87.96 crore as against Rs.89.01 crore in the preceding year

• Earnings per share was Rs.0.41 whereas last year it was 1.64

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