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Lagnam Spintex suffered net loss of Rs.19.81 lacs in HY2 of FY2019-20

Lagnam Spintex reported Rs.103.39 crore revenue in HY2 of FY19-20 as compared to Rs.45.28crore in a year ago period.

Company : Lagnam Spintex Limited

In the second six months period of FY2019-20, Lagnam Spintex Limited suffered post tax loss of Rs.19.81 lacs while last year corresponding period it was profit of Rs.2.75.crore.

Earnings per share for the current half year was Rs.0.00 as against Rs.1.85 in previous year same period.

In the financial year ended 31st March, 2020, revenue at Lagnam Spintex stood at Rs.176.77 crore followed by PBT of Rs.60.15 lacs and PAT of Rs.1.12crore with EPS of Rs.0.64.

In the previous financial year of 2018-19, the company earned revenue of Rs.80.79 crore with a PAT of Rs.4.77 crore.

Rs. in Lacs
Current Year Upto Previous Year Upto Previous Year
31/3/2020 31/3/2019 2019-2020
Income Statement
Revenue 10317.25 4499.06 17644.45
Other Income 22.10 29.79 33.23
Total Income 10339.35 4528.85 17677.68
Expenditure 9460.16 3910.27 16093.16
Finance Cost 623.95 124.12 930.60
PBDT 255.24 494.46 653.92
Depreciation 378.13 131.34 593.77
PBT -122.89 363.12 60.15
Tax -103.07 87.26 -52.15
Net Profit -19.82 275.86 112.3
Equity 1766.90 1766.90 1766.90
EPS 0.00 1.85 0.64

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