Suumaya Lifestyle achieves a huge profit hike despite of low revenue rate

The Board of Directors of Suumaya Lifestyle approved the financial results for the period ended March 31, 2019.

Company : Tara Chand Logistic Solutions Limited

Suumaya Lifestyle Limited published the standalone financial result of the company for the year that ended on 31st March, 2019. The revenue of the company stood by Rs.1750096802 on the year that ended on 31st March, 2019.

Suumaya Lifestyle Limited had revenue of Rs.1048183000 by the half year that ended on 30th September, 2018, Rs.701913802 by six months that ended on 31st March, 2019 and Rs.2696434640 was made on same quarter previous year. Revenue decreased by Rs.1994520838 comparing the two half year ends.

The revenue of the company was Rs.1750096802 by the end of 31.3.2019 and Rs.3774328640 by the end of 31.3.2018. Last year the revenue was Rs.2024231838 more than the current year.

Suumaya Lifestyle Limited has reportedly made a before tax profit of Rs.15926000 by 30th September, 2018 and Rs.34906925 by the end of 31st March, 2019 quarter. The company made a before tax profit of Rs.50832925 by 31st March, 2019 and Rs.21080831 was made by 31st March, 2018. The before tax profit grew by Rs.29752094 by the end of 2019 comparing with the financial year of 2018.

The company made a net profit of Rs.11495387 by the end of 30th September, 2019 and Rs.24849019 by the half year that ended on 31.3.2019. The net profit of the company stood at Rs.36344406 on 31.3.2019 which stood at Rs.14539044 by the end of 31st March, 2018. A profit growth of Rs.21805362 was made by the company in financial year of 2019.