Synergy Green Industries has achieved profit after tax of Rs. 1.34 cr for Q1 of FY 2019-20

Company : Shashijit Infraprojects Ltd

Synergy Green Industries Ltd has announced its result for the first quarter of FY 2019-20. The highlights of the Q1 results are as under :

- Revenue increased by 24.2% to Rs 50.76 Crores as compared to Rs 40.87 Crores during the corresponding first quarter of FY 2018-19.
- PBDIT figures increased by 117% to Rs 6.52 Crores as compared to Rs 3.01 Crores in the first quarter of the previous year.
- Profit Before Tax was Rs. 2.19 crores as against loss of Rs. 0.76 crores in Q1 of FY 2018-19.

- The PAT was Rs. 1.34 crores in Q! Of FY 2019-20.

- The Company also announced that it has healthy book order position to achieve 40% renue growth during FY 2019-20.

Synergy Green Industries Ltd is a state of the art world-class foundry Installed with India's largest automated fast loop moulding line for large castings. which belonging to Rs 1,000 Crore flagship Shirgaokar Group with seven decades of presence in the industry out of which more than three decades of expertise in the foundry.

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