GCM Capital Advisor faced loss above Rs.50 lacs in HY1 of FY19-20

GCM Capital Advisor Limited experiences downfall in HY1 of FY 2019-20 as compared to the same period in last financial year.

Company : GCM Capital Advisors Ltd

In HY30.09.2019 the revenue reached Rs.1.09 crore showing depreciation compared to Rs.1.19 crore in a year ago period. the company suffered a net loss of Rs.52.29 lacs, marking an increase in loss over last year same period.

Following are the financial details of GCM Capital Advisor Limited for HY1 of FY19-20:

- Post tax loss reached Rs.52.29 lacs, against loss of Rs.25.55 lacs in a year ago period.

- Pre-tax loss stands at Rs.51.55 lacs

- Loss per share is Rs.0.309 compared to Rs.0.151 in a year ago period.

In the recently concluded financial year of 2018-19, GCM Capital Advisor Limited earned a total revenue of 2.34 crore, followed by pre tax loss of rs.6.34 lacs Net loss reached Rs.6.52 lacs.

GCM Capital Advisors Ltd., incorporated in the year 2013, is a Small Cap company operating in Financial Services sector.

Result

Rs. in Lacs

	Current Year Upto	Previous Year Upto	Previous Year
	30/9/2019	30/9/2018	2018-2019
Income Statement
Revenue	109.44	124.50	250.137
Other Income	0.00	-4.86	-15.34
Total Income	109.44	119.64	234.797
Expenditure	156.08	137.97	226.95
Finance Cost	1.08	1.62	2.97
PBDT	-47.72	-19.95	4.88
Depreciation	3.83	5.60	11.21
PBT	-51.55	-25.55	-6.34
Tax	0.73	0.00	0.18
Net Profit	-52.28	-25.55	-6.52
Equity	1694.00	1694.00	1694.00
EPS	-0.30	-0.15	-0.03