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Lorenzini Apparels reports Rs.21 lacs loss in HY1 of FY19-20

Despite rise in revenue by Rs.4.54 crore against a year ago period, Lorenzini Apparels limited suffered loss in HY1 of FY2019-20.

Company : Lorenzini Apparels Ltd

The total revenue at Lorenzini Apparels for the current half year ended 30.9.2019 reached Rs.13.72 crore as compared to Rs.9.18 crore in corresponding period of previous year.

In HY 1 of FY2019-20 the loss after tax settled at Rs.21.10 lacs as against Rs.3.20 lacs loss in previous half year. Pre-tax loss for the same period reported at Rs.22.98 lacs where as in a year ago period it was loss of Rs.8.39 lacs.

Loss per share increased for the current half year at Rs.0.21 as against loss of Rs.0.03 in previous year, same period.

In the recently concluded financial year of FY2018-19, Delhi based Lorenzini Apparels limited earned a PAT of Rs.63.57 lacs and PBT of Rs.70 lacs. Revenue for the same year stood at Rs.27.05 crore.

Result
Rs. in Lacs
Current Year Upto Previous Year Upto Previous Year
30/9/2019 30/9/2018 2018-2019
Income Statement
Revenue 1372.90 917.80 2705.33
Other Income 0.00 0.20 0.41
Total Income 1372.90 918.00 2705.74
Expenditure 1369.66 906.75 2589.16
Finance Cost 12.74 8.98 23.75
PBDT -9.49 2.27 92.82
Depreciation 13.48 10.66 22.83
PBT -22.98 -8.39 70
Tax -1.88 -5.19 6.43
Net Profit -21.10 -3.20 63.57
Equity 1013.89 1013.89 1013.89
EPS -0.21 -0.03 0.63

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