Tirupati Forge suffered loss of Rs.4 lacs in HY2 FY19-20
Total revenue of the company reached Rs.14.44 core in HY2 of FY19-20 showing a decline as compared to a year ago period.
Company : Tirupati Forge Limited
Tirupati Forge declared its financial results for the annual and half year ended on March, 2020.
The highlights of standalone HY2 financial results of FY19-20 are as under:- The revenue reached Rs.14.44 crore against Rs.21.72 crore in a year ago period. - Net loss stands at Rs.4 lacs as compared to net profit of Rs.1.93 crore in the preceding year same period. - Loss per share was Rs.0.05
Tirupati Forge earned revenue of Rs.27.97 crore in FY2019-20 whereas last year it was Rs.42.09 crore. The annual PAT of the company reached Rs.27 lacs in FY19-20 showing a decline when compared to PAT of Rs.4.19 crore in the previous fiscal year.
Incorporated in 2012, Tirupati Forge Ltd is a manufacturer and supplier of Forged Flanges, Auto Parts and Automotive Components.
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