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Net profit at Superfine Knitters reached Rs.70.60 lacs in HY1 of FY19-20

Total revenue earned by of Superfine Knitters Limited stands at Rs.42.54 crore in HY30.9.2019 whereas last year same period it was Rs.51.26 crore.

Company : Super Fine Knitters Ltd

In the recently released financial report of Superfine Knitters Limited for the half year ended 30-th September, 2019, the company marks a decline in both revenue and net profit.

Following are the financial details of HY1 FY19-20 at Superfine Knitters:

1. The revenue reached Rs. 42.54 crore as compared to Rs. 51.26 crore in corresponding period of previous year.

2. Net profit as well as PBT stands at Rs.70.60 lacs for the half year ended 30.09.2019 as against Rs.78.99 lacs in previous year, same period

3. Earnings per share for the current half year is Rs.0.57 as against Rs.0.64 in previous year corresponding period.

In the recently concluded financial year of 2018-19, Superfine Knitters earned total revenue of Rs.92.27 crore against Rs.90.50 crore a year ago. PBT for FY18-19 stood at Rs.1.09 crore whereas in the preceding year same period it was Rs.64.21 lacs.

Established in 1980, Superfine Knitters Limited manufactures and exports a vast range of knitted garments, knitted fabrics and jackets.

Result
Rs. in Lacs
Current Year Upto Previous Year Upto Previous Year
30/6/ 2019 30/6/ 2018 2018-2019
Income Statement
Revenue 4250.95 5123.06 9215.34
Other Income 3.51 3.89 12.62
Total Income 4254.46 5126.95 9227.96
Expenditure 3964.85 4849.54 8670.18
Finance Cost 140.96 117.48 255.70
PBDT 148.65 159.93 302.07
Depreciation 78.05 77.07 157.91
PBT 70.6 82.85 144.17
Tax 0.00 3.85 34.79
Net Profit 70.6 79.01 109.37
Equity 1239.30 1239.30 1239.30
EPS 0.57 0.64 0.88

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