AKG Exim-Standalone Q3-FY21 Net profit jumps to Rs.31.91 lacs against loss of Rs.16.60 lacs in Q3-FY20

AKG Exim – Standalone Q3-FY21 Revenue reached Rs.22.71 crore against Rs.17.97 crore in Q3-FY20.

AKG Exim announced its Standalone and consolidated financial results for the quarter and period ended on 31st December, 2020.

Financials for Standalone Q3 at AKG Exim in FY20-21 are as follows:

- Revenue reached at Rs.22.71 crore while previous year corresponding period it was Rs.17.97 crore.

- Net profit rises to Rs.31.91 lacs against loss of Rs.16.60lacs in a year ago period.

- Earning per share was Rs.0.30 against loss per share of Rs.0.25 in a year ago period.

Standalone financials for the 9 months period ended on 31st December 2020 at AKG Exim are as follows:

- Revenue was Rs.51.91 crore whereas in the last year same period it was Rs.53.53 crore.

- Net profit was Rs.53.57 lacs against loss of Rs.3 crore in a year ago period

- Earning per share was Rs. 0.51 against loss per share of Rs.4.54 in the corresponding period previous year.

Standalone annual revenue in FY19-20 reached Rs.69.70 crore with net profit of Rs.1.08 crore and Earning per share was Rs.1.64 at AKG Exim.

Following are the consolidated Q3 financials at AKG Exim in FY20-21:

- Revenue reached Rs.32.47 crore whereas previous year corresponding period it was Rs.17.97 crore

- PAT rises to Rs.62.36 lacs against loss of Rs.16.60 lacs in a year ago period.

- EPS was Rs.0.59 while preceding year same period it was loss of Rs.0.25 per share.

Consolidated financials for the first 9 months period in FY20-21 at AKG Exim are given below:

- Revenue earned was Rs.70.96 crore whereas previous year corresponding period it was Rs.53.53 crore.

- PAT reached at Rs.75.68 lacs against loss of Rs.3 crore in a year ago period.

- EPS reached Rs.0.71 while preceding year same period it was loss of Rs.4.54 per share.

Consolidated annual revenue at AKG Exim in FY20-21 reached Rs.69.70 crore with PAT of Rs.1.08 crore and EPS was Rs.1.64.

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	Year Ended
	31/12/2020	31/12/2019	31/12/2020	31/12/2019	2019-2020
Income Statement
Revenue	2270.33	1776.70	5172.16	5310.27	6647.29
Other Income	1.13	21.27	19.70	43.23	322.79
Total Income	2271.46	1797.97	5191.86	5353.5	6970.08
Expenditure	2207.7	1778.18	5041.30	5538.07	6629.68
Interest	21.80	34.70	60.06	115.76	131.38
PBDT	41.96	-14.91	90.49	-300.32	209.02
Depreciation	0.59	0.00	16.90	0.00	57.60
PBT	41.37	-14.91	73.58	-300.32	151.42
Tax	9.46	1.69	20.00	0.00	42.88
Net Profit	31.91	-16.6	53.57	-300.32	108.54
Equity	1059.22	622.01	1059.22	622.01	622.01
EPS	0.30	-0.25	0.51	-4.54	1.64

Recent Stories

- Aaron Industries- Standalone HY1-FY21 PAT of Rs.35.72 lacs against Rs.40.93 lacs in HY1-FY20.

- Ksolves India- CONSOL HY1-FY21 PAT reached Rs.3.15 crore

- Aakash Exploration Services- HY2-FY20 PAT dips at Rs. 2.89 crore against Rs.3.10 crore in HY2-FY19

- Gala Global Products-Q1-FY21 PAT dips at Rs. 46.45 lacs against Rs.1.18 crore in Q1-FY20

- Zeal Aqua–Q1 FY21 PAT jumps at Rs.2.33 crore against Rs. 1.05 crore in Q1 FY20

- Vishal Fabrics- Loss of Rs.8.16 crore in Q1 FY21 against profit of Rs. 8.01 crore in Q1 FY20

- Vibrant Global Capital- CONSOL Q1-FY21 PAT jumps to Rs.3.60 crVibrant Global Capital- CONSOL Q1-FY21 PAT jumps to Rs.3.60 crore against loss of Rs.3.13 crore in Q1-FY20ore against loss of Rs.3.13 crore in Q1-FY20

- Vcu Data Management - CONSOL Q1-FY21 PAT at Rs.0.80 lacs against Rs.32.03 lacs in Q1-FY20.

- Umiya Tubes - Q1-FY21 net loss of Rs. 26.14 lacs against PAT of Rs. 1.36 lacs in Q1-FY20

- Shree Krishna Infrastructure- HY1-FY21 PAT dips at Rs. 0.85 lacs against net profit of Rs.1.02 lacs in HY1-FY20

- Sungold Media and Entertainment - HY1-FY21 PAT jumps to Rs. 0.91 lacs against Rs. 0.26 lacs in HY1-FY20

- AKG Exim to issue bonus shares in the ratio of 3:5

- AKG Exim to migrate to NSE Main Board

- Shish Industries–HY1-FY21 PAT jumps to Rs. 51.19 lacs against PAT of Rs. 10.38 lacs in HY1-FY20

- Shish Industries to migrate to BSE main board

Weekly Journal

Get weekly updates on latest SME news in your e-mail.