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Spectrum Electrical Industries- HY1-FY21 PAT dips to Rs.40.80 lacs against profit of Rs.3.71 crore in HY1-FY20

Spectrum Electrical Industries- CONSOL HY1-FY21 PAT at Rs. 40.83 lacs with revenue of Rs.55.11 crore

Company : Spectrum Electrical Industries Limited

Spectrum Electrical Industries announced its standalone and consolidated financials for the half year ended on 30th Sept, 2020 marking a fall in post-tax gains as compared to a year ago period.

Following are the standalone financial figures for the HY1-FY2021 at Spectrum Electrical Industries:

- Net profit falls to Rs.40.80 lacs against Rs.3.71 crore in a year ago period.

- Revenue stood at Rs.55.11 crore whereas last year corresponding period it was Rs.73.65 crore.

- Earning per share stood at Rs.0.27 against Rs.2.46 in the previous year, same period.

For the year that ended on 31st March, 2020, the company earned standalone total revenue of Rs.142.29 crore with net profit of Rs.4.68 crore and Earning per share of Rs. 3.10 at Spectrum Electrical Industries.

Consolidated HY1 financials at Spectrum Electrical Industries in FY2020-21 are as follows:

- Net Profit reached at Rs.40.83 lacs.

- Revenue reached at Rs. 55.11 crore.

- Earning per share was Rs. 0.27.

Annual consolidated PAT for FY19-20 reached Rs.4.68 crore with revenue of Rs.142.29 crore and Earning per share of Rs.3.10 at Spectrum Electrical Industries.

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