Shanti Overseas (India): Standalone PAT dips at Rs.47.34 lacs against Rs.7.33 crore, revenue falls to Rs.146.31 crore against Rs.167.47 crore YoY

Company : Shrenik Limited

Shanti Overseas (India) announced its standalone financial results for the half year ended on March 31, 2020.

For half year ended on March 31, 2020 Shanti Overseas (India) earned total standalone revenue of Rs.68.61 crore followed by net loss of Rs.1.88 crore with Loss per share of Rs.1.70

Following are the standalone financial facts for the financial year 2019-20 of Shanti Overseas (India):

• Net profit stood at Rs.47.34 lacs whereas preceding year same period it was Rs.7.33 crore

• Earnings per share was Rs.0.43 as compared to Rs.9.91 per share in a year ago period.

• Revenue reached Rs.146.31crore while in the previous year same period it was Rs.167.47crore.

Following are the consolidated HY2 financials of Shanti Overseas (India) in FY2019-20:

• Net profit in HY2 stood at Rs.3.10 crore

• Profit before tax stood Rs.4.27 crore

• Revenue reached Rs.81.75 crore

For the financial year that concluded on 31st March, 20, Shanti Overseas (India) earned consolidated revenue of Rs.159.02 crore and Net loss stood at Rs.17.54 lacs with loss per share of Rs.0.16.

In the preceding year consolidated PAT of the company was Rs.6.29 crore and revenue was Rs.173.83 crore.

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