Profit margin decreases for Lexus Granito (India) in FY2019 as against previous year.

Company : Macpower CNC Machines Limited

Standalone revenue of the company for HY2019 stood at INR 68.05 Crore and INR 70.02 Crore for period end of 30.9.18 and 31.3.19 respectively. The company achieved INR 91.30 crore revenue in HY2018 on 31.3.2018.

The revenue of Lexus Granito in FY019 is lower by INR 46.32 crore as compared to the previous year.

The before tax profit of the company is INR 3.65 crore for HY2019, ended 30.9.18. In HY2019 ended on 31.3.19, Lexus Granito incurred before tax loss of Rs.3.13 Crore which was gain of Rs.4.54 Crore in the same previous year. The report shows total decrease of before tax profit by INR 10.38 crore in FY2019 as against FY2018.

The net profit of the company for HY2019 on 30.9.2018 is INR 2.77 crore whereas it shows net loss of Rs.2.43 Crore on HY ended 31.3.2019. As compared to the same previous year on 31.3.2018, the company achieved Rs.2.70 Crore profit.

Reportedly, net profit of Lexus Granito (India) Limited is Rs.33 lakh in FY2019 which stood at INR 7 crore in FY2018.

Lexus Granito (India) Limited is India's fastest growing ceramic, vitrified tile company with its corporate headquarter in Gujarat.

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