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Mittal Lifestyle -Standalone Q3-FY21 Net profit falls to Rs.6.99 lacs against Rs.31.52 lacs in Q3-FY20


Mittal Lifestyle – Standalone Q3-FY21 Revenue stood at Rs.17.83 crore against Rs.25.33 crore in Q3-FY20

Company : Mittal Life Style Limited

Mittal Lifestyle announced its Standalone financial results for the quarter and period ended on 31st December, 2020.

Financials for Standalone Q3 at Mittal Lifestyle in FY20-21 are as follows:

- Revenue stood at Rs. 17.83 crore while previous year corresponding period it was Rs. 25.33 crore.

- Net profit falls to Rs. 6.99 lacs against Rs. 31.52 lacs in a year ago period.

- Earning per share was Rs. 0.06 against 0.27 in a year ago period.

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

- Revenue was Rs. 29.42 crore whereas in the last year same period it was Rs. 72.24 crore.

- Net profit was Rs. 13.72 lacs against Rs. 77.24 lacs in a year ago period

- Earning per share was Rs.0.31 against Rs. 0.31 in the corresponding period previous year.

Standalone annual revenue in FY19-20 reached Rs. 99.75 crore with net profit of Rs. 1.52 crore and Earning per share was Rs. 1.29 at Mittal Lifestyle.

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 1742.12 2533.02 2897.91 7224.45 9974.69
Other Income 41.48 0.04 44.85 0.40 0.40
Total Income 1783.61 2533.06 2942.76 7224.85 9975.09
Expenditure 1762.94 2480.62 2882.6 7088.32 9704.72
Interest 9.06 7.06 35.69 24.59 47.68
PBDT 11.59 45.38 24.47 111.94 222.69
Depreciation 1.54 2.99 5.46 8.17 11.15
PBT 10.07 42.39 19.01 103.77 211.54
Tax 3.08 10.87 5.28 26.53 59.43
Net Profit 6.99 31.52 13.72 77.24 152.11
Equity 1175.00 1175.00 1175.00 1175.00 1175.00
EPS 0.06 0.27 0.12 0.66 1.29

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