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HY2 profit crossed Rs.2.89 crore in FY19-20 at Aakash Exploration Services

Aakash Exploration Services announced the standalone financial results for the half year that ended on 31st March,2020

Company : Aakash Exploration Services Limited

Total Revenue at Aakash Exploration Services reached Rs.36.84 crore in HY2 of FY2019-20 as compared to Rs.30.66 crore in corresponding period of previous year.

Below are the financials of HY2 of FY19-20 at Aakash Exploration Services:

- PAT stands at Rs.2.89 crore whereas last year corresponding period it was Rs.3.10 crore.

- PBT is Rs.4.02 crore against Rs.4.37 crore in a year ago period.

- Earnings per share reached Rs.2.86, compared to Rs.4.60 in the corresponding period of preceding year.

In the recently concluded financial year 2019-20, Aakash Exploration Services Limited earned total revenue of Rs.68.06 crore marking a hike of Rs.14.17 crore against last year"s Rs.53.89 crore. Annual PBT for the same stood at Rs.6.76 crore and PAT reached Rs.4.86 crore.

Rs. in Lacs
Current Year Upto Previous Year Upto Previous Year
31/3/2020 31/3/2019 2019-2020
Income Statement
Revenue 3661.93 2899.60 6748.02
Other Income 22.79 167.23 58.88
Total Income 3684.72 3066.83 6806.9
Expenditure 2814.33 2330.58 5914.15
Finance Cost 134.38 72.10 49.23
PBDT 736.01 664.15 843.52
Depreciation 333.38 226.41 166.59
PBT 402.63 437.74 676.93
Tax 113.21 127.18 190.63
Net Profit 289.42 310.56 486.3
Equity 1012.50 675.00 1012.50
EPS 2.86 4.60 4.80

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