Ranjeet Mechatronics reported net profit of 34.75 lacs for HY1 in FY2019-20

Ranjeet Mechatronics Limited reported revenue of Rs.10.79 crore for the half year ended 30th September 2019 whereas in the last year same period it was Rs.8.90 Crore.

Company : Relicab Cable Manufacturing Ltd

Ranjeet Mechatronics Limited reported the before tax profit earned by the company to be Rs.46.52 Lakhs in the first 6 months of the financial year 2019-20 as against Rs.53.17 Lakhs of a year ago period.

Net profit of the company in the first half of FY19-20 stands at Rs.34.75 Lakhs which shows a dip as compared to Rs.39.07 Lakhs in the corresponding period last year.

As reported by Mr. Rakesh. V. Swadia, chairman and Managing Director of Ranjeet Mechatronics Limited, the company earned net profit of Rs.1.19 Crore in FY2018-18 and PBT of Rs.1.61 Crore

Located in Ahmedabad, Ranjeet Mechatronics Ltd is a system integrator and turnkey project contractor for fire protection and detection systems, electronic security & automation solution Provider Company with pan India presence.

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	Current Year Upto	Previous Year Upto	Previous Year
	30/9/2019	30/9/2018	2018-2019
Income Statement
Revenue	107125777.00	88885831.00	327820156.00
Other Income	852870.00	179389.00	5388352.00
Total Income	107978647.00	89065220.00	333208508.00
Expenditure	93987161.00	73199682.00	297285238.00
Finance Cost	7861346.00	8310039.00	15435575.00
PBDT	6130140.00	7555499.00	20487695.00
Depreciation	1477316.00	2237854.00	4360766.00
PBT	4652824.00	5317645.00	16126929.00
Tax	1177533.00	1410055.00	4204544.00
Net Profit	3475291.00	3907590.00	11922385.00
Equity	65999800.00	65999800.00	65999800.00
EPS	0.53	0.53	0.53