Emkay Taps and Cutting Tools published the standalone financial result for the year that ended on 31st March, 2019 showing revenue earning of Rs.6418.29 Lac for the year that ended on 31st March, 2019.

Company : Felix Industries Limited

Emkay Taps and Cutting Tools Limited earned revenue of Rs.3359.98 Lac by the half year that ended on 30th September, 2018, Rs.3058.31 by the six months that ended on 31st March, 2019 and previous year at the same quarter the company made revenue of Rs.2911.42 Lac. Comparing the March quarters of 2019 and 2018, the company achieved a revenue growth of Rs.146.89 Lac.

The revenue of the company was Rs.6418.29 Lac by the end of 31.3.2019 and Rs.5388.68 Lac by the end of 31.3.2018. This year the revenue was Rs.1029.61Lac more than the previous year.

Emkay Taps and Cutting Tools Limited has reportedly made a before tax profit of Rs.1643.82 Lac by 30th September, 2018 and loss of Rs.360.75 Lac was made by the end of 31st March, 2019 quarter. The company made a before tax profit of Rs.1283.07 Lac by 31st March, 2019 and Rs.2547 Lac was made by 31st March, 2018. The before tax profit was less by Rs.1263.93 Lac by the end of 2019 comparing with the financial year of 2018.

The company made a net profit of Rs.1245.11 Lac by the end of 30th September, 2019 and loss of Rs.718.32 Lac by the half year that ended on 31.3.2019. The net profit of the company stood at Rs.526.79 Lac on 31.3.2019 which stood at Rs.1988.84 Lac by the end of 31st March, 2018. Profit rate decreased by Rs.1462.05 Lac in the financial year of 2019.

Emkay Taps And Cutting Tools Limited formerly known as Emkay Taps and Cutting Tools Pvt. Ltd was established in 1995 engaged in manufacturing and sale of cutting tools and also power generation through its wind mills in Rajasthan and Karnataka. These businesses are in line with our main objectives as set forth in our Memorandum of Association.

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