GCM Securities: Revenue shrinks to Rs.1.29 crore against Rs.5 crore, loss per share at Rs.0.59 against Rs.0.26 YoY

Company : G G Engineering Ltd

Financial results for the half yearly ended 31st march, 2020 released at GCM Securities shows fall in revenue and in net profit

Below are the HY2 financial details of FY2019-20 at GCM Securities:

• Loss after tax stood at Rs.12.27 crore against net loss of Rs.8.07 crore in previous year same period.

• Loss per share is Rs.0.64 whereas last year corresponding period it was Rs.0.42

• Loss before tax reached Rs.12.27 crore while previous year same period it was Rs.8.10 crore.

For the year that ended on 31st March, 2020, the company earned total revenue of Rs.1.29 crore as compared to Rs.5 crore in a previous fiscal year

Net loss reached Rs.11.20 crore in FY2019-20 at GCM Securities whereas preceding year it was net loss of Rs.5.09 crore. Loss per share stood at Rs.0.59

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