Karnimata Cold Storage announced the standalone financial results for the half year ended September 30, 2019 marking two fold rise in profit despite lower revenue.

Company : Kanak Krishi Implements Ltd (ITP)

The Board at Karnimata Cold Storage Limited approved the financial results of the company for the half year ending on 30th September, 2019 showing Rs.11.97 lacs increase in net and decline of Rs.5 lacs in HY1 revenue of FY19-20 against a year ago period.

The highlights of HY1 financials at Karnimata Cold Storage Limited in FY19-20 are as under:

- Net profit reached Rs.24.40 lacs whereas last year same period it was Rs.12.43 lacs

- Total revenue reached Rs.2.77 crore as against Rs.2.82 crore in the corresponding period a year ago.

- EPS is Rs.0.48 while preceding same period it was Rs.0.24

The total standalone earnings at Karnimata Cold Storage in the financial year 2018-19 was Rs.5.22 crore and PAT stood at Rs.11.60 lacs.

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