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Akme Star Housing Finance- Standalone Q3-FY21 Net profit falls to Rs.82.16 lacs against Rs.88.48 lacs in Q3-FY20


Akme Star Housing Finance– Standalone Q3-FY21 Revenue reached Rs.4.11 crore against Rs.3.89 crore in Q3-FY20

Company : Akme Star Housing Finance Limited

Akme Star Housing Finance announced its Standalone financial results for the quarter and period ended on 31st December, 2020.

Financials for Standalone Q3 at Akme Star Housing Financein FY20-21 are as follows:

- Revenue reached at Rs.4.11 crore while previous year corresponding period it was Rs.3.89 crore.

- Net profit was Rs.82.16 lacs against Rs.88.48 lacs in a year ago period.

- Earning per share was Rs. 0.52 against Rs.0.67 in a year ago period.

Standalone financials for the 9 months period ended on 31st December 2020 at Akme Star Housing Financeare as follows:

- Net profit was of Rs.2.30 crore against Rs.3.46 crore in a year ago period

- Revenue reached Rs.11.43 crore whereas in the last year same period it was Rs.11.18 crore.

- Earning per share was at 1.47 against Rs.2.65 in the corresponding period previous year

Standalone annual revenue in FY19-20 reached Rs.15.90 crore with net profit of Rs.5.04 crore and Earning per share was Rs. 3.68 at Akme Star Housing Finance.

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 411.66 389.14 1143.29 1118.91 1590.43
Other Income 00 00 00 00 00
Total Income 411.66 389.14 1143.29 1118.91 1590.43
Expenditure 156.12 113.25 429.47 259.73 553.93
Interest 115.68 114.28 360.73 367.36 419.81
PBDT 139.86 161.61 353.09 491.82 616.69
Depreciation 4.25 1.17 9.81 2.40 4.22
PBT 135.61 160.44 343.28 489.42 612.47
Tax 53.45 71.95 112.37 142.81 108.43
Net Profit 82.16 88.49 230.91 346.61 504.04
Equity 00 00 00 00 00
EPS 0.52 0.67 1.47 2.65 3.68

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