Madhav Copper - Standalone HY1-FY21 Net profit dips to Rs.1.73 crore against Rs.2.67 crore in HY1-FY20

Madhav Copper – Standalone HY1-FY21 Earning per share stood at Rs.0.64 against Rs.2.17 in HY1-FY20

Madhav Copper announced its Standalone financial results for the quarter and half year ended on 30th Sept 2020.

Following are the Standalone financial details of HY1 FY20-21 at Madhav Copper:

- Revenue reached Rs.132.38 crore whereas in the previous year, same period revenue was Rs.94.45 crore.

- Net profit falls to Rs.1.73 crore against Rs.2.67 crore in the corresponding period last year.

- Earning per share stood at Rs.0.64 against Rs.2.17 in a year ago period.

Financials for Standalone Q2 at Madhav Copper in FY20-21 are as follows:

- Revenue reached at Rs.104.10 crore while previous year corresponding period it was Rs.43.45 crore.

- Net profit was of Rs. 1.41 crore against Rs.79.40 lacs in a year ago period.

- Earning per share was Rs.0.52 against Rs.0.64 in a year ago period.

By the end of financial year 2019-20, Madhav Copper earned standalone revenue of Rs.202.95 crore with net profit of Rs 4.44 crore and Earning per share of Rs.1.64.

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