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Advance Syntex- Standalone HY1-FY21 Net loss was Rs.1.36 crore against profit of Rs.89.27 lacs in HY1-FY20


Advance Syntex– Standalone HY1-FY21 Revenue stood at Rs.18.25 crore against Rs.33.96 crore in HY1-FY20

Company : Advance Syntex Ltd

Advance Syntex announced its Standalone and consolidated financial results for the quarter and half year ended on 30th Sept 2020.

Following are the Standalone financial details of HY1 FY20-21 at Advance Syntex:

- Revenue stood at Rs.18.25 crore whereas in the previous year, same period revenue was Rs.33.96 crore.

- Net loss was Rs.1.36 crore against profit of Rs.89.27 crore in the corresponding period last year.

- Loss per share was Rs.1.23 against EPS of Rs.0.80 in a year ago period.

Financials for Standalone Q2 at Advance Syntex in FY20-21 are as follows:

- Revenue was Rs.12.68 crore while previous year corresponding period it was Rs.15.33 crore.

- Net loss was of Rs.60.49 lacs against profit of Rs.38.64 lacs in a year ago period.

- Earning per share was Rs. 0.54 against profit of Rs.0.35 in a year ago period.

Standalone annual revenue in FY19-20 reached Rs.64.55crore with net profit of Rs.1.24 crore and Earning per share was Rs.1.11 at Advance Syntex.

STANDALONE FINANCIAL RESULTS FOR THE QUARTER & NINE MONTHS ENDED DECEMBER 31,2020

Result
Rs. in Lacs
Quarter
Ended
Quarter
Ended
Nine Months Ended Nine Months Ended Previous
Year
31/12/2020 31/12/2019 31/12/2020 31/12/2019 2019-2020
Income Statement
Revenue 1266.60 1527.65 1823.38 3384.94 6418.59
Other Income 1.77 5.84 2.53 11.20 36.74
Total Income 1268.37 1533.49 1825.91 3396.14 6455.33
Expenditure 1191.27 1285.58 1716.77 2887.47 5699.27
Interest 96.11 136.33 166.30 281.29 400.94
PBDT -19.01 111.58 -57.16 227.38 355.12
Depreciation 40.43 55.99 80.41 111.06 182.98
PBT -59.44 55.59 -137.57 116.32 172.14
Tax 1.05 16.95 -0.98 27.05 47.18
Net Profit -60.49 38.64 -136.59 89.27 124.96
Equity 00 00 -00 00 00
EPS 0.54 0.35 -1.23 0.80 1.11

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