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 : S. M. Gold 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.

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\nRs. in Lacs\n

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	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