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Standalone HY1 profit of Rs.1.36 crore at Akash Infra-Projects in FY19-20

Akash Infra-Projects announced its standalone and consolidated financials for the half year ended on September 30, 2019 marking rise in profit despite lower revenues.

Company : Akash Infra Projects Limited

Akash Infra-Projects earned standalone revenue of Rs.40.71 crore in the first half of FY2019-20 whereas in the preceding year same period it was Rs.43.46 crore.

Standalone net profit for the company reached Rs.1.36 crore in HY1 of FY19-20 showing a rise when compared to Rs.95.95 lacs in a year ago period.

The standalone financials for the recently concluded year 2018-19 shows Akash Infra-Projects marking a PAT of Rs.1.71 crore with revenue of Rs.96.79 crore.

Following are the consolidated HY1 financial figures of FY2019-20 at Akash Infra-Projects:

- Net profit reached Rs.1.30 crore whereas previous year same period it was Rs.97.03 lacs

- Earnings per share stands at Rs.0.77

- Total revenue earned is Rs.46.26 crore as compared to Rs.51.39 crore in a year ago period.

The total consolidated earnings at Akash Infra-Projectsin the financial year 2018-19 was Rs.111.57 crore and PAT was Rs.1.70 crore.

Rs. in Lacs
Current Year Upto Previous Year Upto Previous Year
30/9/2019 30/9/2018 2018-2019
Income Statement
Revenue 3899.41 4112.24 9231.77
Other Income 172.51 233.99 447.34
Total Income 4071.92 4346.23 9679.11
Expenditure 3671.22 3924.8 8903.24
Finance Cost 129.82 148.51 307.61
PBDT 270.88 272.92 468.26
Depreciation 99.52 152.97 278.37
PBT 171.36 119.95 189.89
Tax 35.00 24.00 18.45
Net Profit 136.36 95.95 171.44
Equity 1686.25 843.13 1686.25
EPS 0.81 1.14 1.02

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