Tanvi Foods India announced its standalone and consolidated financials for HY ended September 30, 2019 showing shrink in profit despite jump in revenue.

Company : Titaanium Ten Enterprise Ltd

Tanvi Foods India earned total revenue of Rs.42.23 crore in the first half of standalone FY2019-20 whereas in the preceding year same period it was Rs.36.47 crore.

Standalone net profit for the company reached Rs.82.13 lacs in HY1 of FY19-20 as against Rs.94.29 lacs in a year ago period. EPS for the same period stood at Rs.1.53 whereas last year same period it was Rs.1.94.

The standalone financials for the recently concluded year 2018-19 shows Tanvi Foods India earned revenue of Rs.74.35 crore and PAT of Rs.1.63 crore.

Following are the consolidated HY1 financial figures of FY2019-20 at Tanvi Foods India:

- Net profit reached Rs.1 crore against Rs.1.04 crore in a year ago period.

- Earnings per share stands at Rs.1.87 whereas last year same period it was Rs.2.16

- Total revenue earned is Rs.43.76 crore while preceding year same period it was Rs.38.22 crore.

The total consolidated earnings was Rs.77.10 crore at Tanvi Foods India Limited in the financial year 2018-19 and the PAT reached Rs.1.49 crore.

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