Jash Engineering– Standalone HY1-FY21 Revenue stood at Rs.65.95 crore against Rs.91.40 crore in HY1-FY20

Company : Jash Engineering Limited

Jash Engineering 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 Jash Engineering:

- Revenue stood at Rs.65.95 crore whereas in the previous year, same period revenue was Rs.91.40 crore.

- Net profit was Rs.4.68 crore against profit of Rs.6.25 crore in the corresponding period last year.

- Earning per share was Rs.3.96 against Rs.5.29 in a year ago period.

Financials for Standalone Q2 at Jash Engineering in FY20-21 are as follows:

- Revenue was Rs.41.90 crore while previous year corresponding period it was Rs.47.57 crore.

- Net profit was of Rs.5.13 crore against Rs.4 crore in a year ago period.

- Earning per share was Rs. 4.34 against Rs.3.38 in a year ago period.

Standalone annual revenue in FY19-20 reached Rs.214.33 crore with net profit of Rs.21.81 crore and Earning per share was Rs.18.43 at Jash Engineering.

Consolidated HY1 and Q2 financials at Jash Engineering in FY20-21 are as follows:

- HY1 revenue stood at Rs.93.29 crore against Rs.116.18 crore in a year ago period.

- HY1 loss was Rs.3.33 crore against profit Rs.2.62 crore in the corresponding period, last year.

- HY1 loss per share was Rs.2.82 against EPS Rs.2.22 in the previous year same period.

- Q2 Revenue reached at Rs.59.98 crore against Rs.57.98 crore in a year ago period.

- Q2 PAT stood at Rs.1.36 crore against Rs.2.67 crore in the same period last year.

- Q2 EPS was Rs. 1.15 against Rs.2.26 in the previous year same period.

By the end of financial year 2019-20, Jash Engineering earned consolidated revenue of Rs.285.64 crore with net profit of Rs.20.09 crore and Earning per share of Rs.16.98.

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