Sumit Woods records consolidated revenue decrement of 26.47% QOQ to Rs.6.22 Crore in Q1 of FY2019-20, as compared to a year ago quarter.

Company : Surani Steel Tubes Limited

Q1 consolidated net profit for FY2019-20 reaches Rs.2.25 Crore at Sumit Woods Limited marking Rs.2.02 Crore hike as against previous year"s same period.

PBT reached Rs.3.13. Crore in the first quarter of FY2019-20 showing a fall by Rs.0.03 Crore as against Rs.3.16 Crore in year ago quarter.

As per the financials of the recently concluded fiscal year, the company earned Rs.6.76 Crore consolidated net profit and Rs.9.63 Crore PBT.

Following are the standalone financial figures for Q1 of FY2019-20:

- Net profit achieved is Rs.1.78 Crore which is a nominal rise against the amount in previous year's same quarter.
- PBT is Rs.2.46 Crore increasing by Rs.0.01 Crore as compared to a year ago quarter"s Rs.2.45 Crore.

In FY2018-19, standalone PAT was Rs.3.78 Crore and PBT was Rs.5.09 Crore, at Sumit Woods Limited, a company engaged in real estate industry.

Sumit Woods Limited has its head office in Mumbai and branch office in Goa.

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