Profit margin decreases for Chothani Foods in HY2 of FY2019-20 as against previous year same period.

Company : CRP Risk Management Ltd

Chothani Foodsannounced the financial results for half year ended 31.03.2020 marking a fall in profit and revenue margins as compared to a year ago period.

Following are the HY2 financials at Chothani Foods in FY2019-20:

• Net loss reached Rs.8.18 lacs against profit of Rs.8.31 lacs in the same period a year ago.

• Loss before tax stands at Rs.8.18 lacs as compared to PBT of Rs.10.77 lacs in a year ago period.

• Total revenue earned is Rs.2.16 crore while last year corresponding period it was Rs.2.67 crore.

• Loss per share is Rs.0.11 while previous year same period it was earnings of Rs.0.16

The total standalone earnings at Chothani Foods in the financial year 2019-20 was Rs.4.36 crore followed by PAT of Rs.16.16 lacs.

In the preceding year revenue was Rs. 4.90 crore and PAT was Rs.12.87 lacs.

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