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Waaree Technologies experiences loss over Rs.6 lacs in HY1 of FY2019-20

Revenue decreased in HY30.9.2019 against Rs.1.56 crore earning of last year corresponding period at Waaree Technologies

Company : Waaree Technologies

Waaree Technologies Limited incurred net loss of Rs.6.21 Lacs in HY30.9.2019 whereas in previous year same period it was profit of Rs.4.67 lacs. Loss before tax for the same period reached Rs.6.15 lacs compared to PBT of Rs.6.31 lacs in a year ago period.

Loss per share for the current half year reached Rs.0.24 as against EPS of Rs.0.18 in previous year, same period.

In the recently concluded financial year of 2018-19, Waaree Technologies Limited incurred a post-tax loss of Rs.7.95 lacs and pre-tax loss of Rs.9.87 lacs. Total annual revenue stood at Rs.1.53 crore.

Waaree Technologies Limited is one of the leading solar panel companies in India.

Result
Rs. in Lacs
Current Year Upto Previous Year Upto Previous Year
30/9/2019 30/9/2018 2018-2019
Income Statement
Revenue -76.21 147.92 139.87
Other Income 7.01 8.65 13.66
Total Income -69.2 156.57 153.53
Expenditure -64.36 150.25 158.09
Finance Cost 1.02 0.02 5.30
PBDT -5.86 6.3 -9.86
Depreciation 0.29 0.00 0.01
PBT -6.15 6.3 -9.87
Tax 0.06 1.64 -1.92
Net Profit -6.21 4.66 -7.95
Equity 263.20 263.20 263.20
EPS -0.24 0.18 -0.30

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