Innovana Thinklabs announced its standalone and consolidated HY2 financial result of FY2019-20

Company : Iris Clothings Limited

Innovana Thinklabs published the financial results of the company for the half year ending on 31st March, 2020 marking a fall by Rs.3.33 crore in total standalone revenue as compared to a year ago period.

Following are the standalone HY2 financial figures of FY2019-20:

- Net profit reached Rs.5.42 crore while last year same period it was Rs.3.43 crore.

- Profit before tax stands at Rs.7.36 crore as compared to Rs.4.68 crore in a year ago period.

- Total revenue earned is Rs.22.73 crore whereas last year corresponding period it was Rs.26.07 crore

- EPS is Rs.5.18 against Rs.8.93 in the preceding year same period.

The total standalone earnings at Innovana Thinklabs in the financial year 2019-20 was Rs.42.58 crore against last year"s revenue of Rs.42.28 crore.

Standalone PAT reached Rs.11.40 crore in FY19-20 whereas preceding year it was PAT of Rs.8.53 crore.

Following are the consolidated HY2 financial figures of FY2019-20:

- Net profit reached Rs.10.36 crore as compared to Rs.5.58 crore in a year ago period.

- Profit before tax stands at Rs.12.59 crore , while last year same period it was Rs.6.85 crore.

- Total revenue earned is Rs.34.48 crore as compared to Rs.30.40 crore in a year ago period.

- EPS is Rs.9.62 against Rs.14.17 in the preceding year same period.

The total consolidated earning at Innovana Thinklabs in the financial year 2019-20 was Rs.67.43 crore while previous year it was Rs.46.61 crore.

PAT for the year 2019-20 was Rs.21.75 crore whereas preceding year it was Rs.10.67 crore.

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