Ashoka Metcast announced the standalone and consolidated financial results for the half year ended 31st March 2020

Company : Angel Fibers Ltd

Ashoka Metcast published consolidated and standalone results for the half year andyear ended 31st March 2020

Following are the standalone HY2 financial facts of Ashoka Metcast:

• Net profit stood at Rs.9.71 lacs whereas preceding year same period it was loss of Rs.0.70 lacs.

• Earnings per share was Rs.0.09 as compared to loss of Rs.0.01 per share in a year ago period.

• Revenue reached Rs.1.97 crore while in the previous year same period it was Rs.18.57 lacs.

By the end of financial year 2019-20, Ashoka Metcast earned total standalone revenue of Rs.1.97 crore followed by net loss of Rs.3.22 lacs.

Following are the consolidated HY2 financials of AshokaMetcastin FY2019-20:

• Net profit in HY2 stood at Rs.76 lacs against Rs.1.10 lacs in a year ago period.

• Earnings per share in HY2 reached Rs.0.78 while last year same period it was loss of Rs.0.08

• Revenue reached Rs.21.77 crore while in the previous year same period it was Rs.23.05 lacs.

For the financial year that concluded on 31st March, 2019, Ashoka Metcast earned consolidated revenue of Rs.22.06 crore and Net profit stood at Rs.7.35 lacs.

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