AKG Exim - Standalone HY1-FY21 Net profit dips to Rs.24.60 lacs against Rs.55.86 lacs in HY1-FY20

AKG Exim – Standalone HY1-FY21 Revenue stood at Rs.29.20 crore against Rs.35.97 crore in HY1-FY20

AKG Exim announced its Standalone financial results for the half year ended on 30th Sept 2020.

Following are the Standalone financial details of HY1 FY20-21 atAKG Exim:

- Revenue stood at Rs.29.20 crore whereas in the previous year, same period revenue was Rs.35.97 crore.

- Net profit falls to Rs.24.60 lacs against profit of Rs.55.86 lacs in the corresponding period last year.

- Earning per share reached at Rs.0.37 against Rs.0.84 in a year ago period.

Standalone annual revenue in FY19-20 reached Rs.69.70 crore against Rs.118.39 crore a year ago. Net profit was Rs.1.08 crore and Earning per share was Rs.1.64 in both FY19 and FY20 at AKG Exim.

Consolidated HY1 financials at AKG Exim FY20-21 are as follows:

- HY1 revenue stood at Rs.29.20 crore against Rs.35.97 crore in a year ago period.

- HY1 profit was Rs. 24.59 lacs against Rs.55.86 lacs in the corresponding period, last year.

- HY1 Earning per share was Rs.0.37 against Rs.0.84 in the previous year same period.

By the end of financial year 2019-20, AKG Exim earned consolidated revenue of Rs.69.70 crore against Rs. 118.39 crore a year ago. Net profit was Rs 1.08 crore and Earning per share was Rs.1.64 in both FY19 and FY20.

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