Geekay Wires: Revenue stood at Rs.197.50 crore against Rs.224.66 crore, EPS reached Rs.6.21 against Rs.2.74 YoY

Company : Globe International Carriers Limited

Geekay Wires announced its financial results for the quarter ended on March 31, 2020 marking rise in profit despite fall in revenue margin.

Standalone net profit for Geekay Wires reached above Rs.2 crore in Q4 of FY19-20 showing a rise when compared to Rs.61.33 lacs in a year ago period.

The company revenue for Q4 of FY19-20 reached Rs.49.84 crore whereas last year same period it was Rs.61.23 crore.

Earnings per share in Q4 of FY2019-20 stand at Rs.1.92 against Rs.0.59 in a year ago period.

In the recently concluded financial year 2019-20, net profit at Geekay Wires reached Rs.6.48 crore with revenue of Rs.197.50 croreand EPS of Rs.6.21.

In the previous fiscal year, the companys revenue was Rs.224.66 crore and PAT stood at Rs.2.86 crore with EPS of Rs.2.74.

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