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Gujarat Raffia Industries Ltd reports net profit of Rs. 0.18 crore in Q2FY21



Posted On : 2020-11-12 15:21:47( TIMEZONE : IST )

Gujarat Raffia Industries Ltd reports net profit of Rs. 0.18 crore in Q2FY21

GUJARAT RAFFIA INDUSTRIES LTD. has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.9.47 crores during the period ended September 30, 2020 as compared to Rs.11.88 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.18 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.0.25 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.33 for the period ended September 30, 2020 as compared to Rs.0.47 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 9.47 crs₹ 11.88 crsDown Tick -20.29%
Net Profit₹ 0.18 crs₹ 0.25 crsDown Tick -28%
EPS₹ 0.33₹ 0.47Down Tick -29.79%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.9.47 crores during the period ended September 30, 2020 as compared to Rs.8.87 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.0.18 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.0.15 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.0.33 for the period ended September 30, 2020 as compared to Rs.0.29 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 9.47 crs₹ 8.87 crsUp Tick 6.76%
Net Profit₹ 0.18 crs₹ 0.15 crsUp Tick 20%
EPS₹ 0.33₹ 0.29Up Tick 13.79%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.21.35 crores during the 6 months period ended September 30, 2020 as compared to Rs.17.97 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.0.43 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.0.42 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.0.80 for the 6 months period ended September 30, 2020 as compared to Rs.0.78 for the 6 months period ended September 30, 2019.
FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 21.35 crs₹ 17.97 crsUp Tick 18.81%
Net Profit₹ 0.43 crs₹ 0.42 crsUp Tick 2.38%
EPS₹ 0.80₹0.78Up Tick 2.56%

Source : Equity Bulls

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