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Rs.33.83 lacs profit for IFL Enterprises in first half of FY2019-20

Net Profit jumps at IFL Enterprises in HY1 of FY2019-20 despite lower revenue whereas last year same period it was loss for the company.

Company : IFL Enterprises Ltd

By HY30.9.2019 the IFL Enterprises experienced decline in revenue to Rs.38.36 lacs as compared to Rs.2.53 crore in the corresponding period last year.

The company achieved net profit of Rs.33.83 in HY30.9.2019 whereas it was pre and post-tax loss of Rs.0.54 lacs in a year ago period.

Earnings per share at IFL Enterprises Limited for the current half year was Rs.1.13 as against Rs 0.02 loss per share in previous year, same period.

In the recently concluded fiscal year of 2018-19, Delhi based IFL Enterprises Limited earned a total revenue of Rs.6.87 crore with a PBT of Rs.4.34 lacs and PAT of Rs.3.20 lacs.

IFL Enterprises Limited is involved in the business of acquisition, trading of shares, stocks, bonds etc.

Result
Rs. in Lacs
Current Year Upto Previous Year Upto Previous Year
30/9/2019 30/9/2018 2018-2019
Income Statement
Revenue 26.47 251.47 660.93
Other Income 11.89 1.91 27.00
Total Income 38.36 253.38 687.93
Expenditure -9.33 251.2 678.22
Finance Cost 0.00 0.00 0.00
PBDT 47.69 2.18 9.71
Depreciation 1.98 2.72 5.37
PBT 45.71 -0.54 4.34
Tax 11.88 0.00 1.14
Net Profit 33.83 -0.54 3.12
Equity 300.22 300.22 300.22
EPS 1.13 -0.02 0.11

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