Mindpool Technologies announced its standalone and consolidated financial results for the half year ended on September 30, 2019 showing depreciation in post margins despite hike in revenue.

Company : Mittal Life Style Limited

Mindpool Technologies earned total revenue of Rs.5.44 crore in the first half of standalone FY2019-20 whereas in the preceding year same period it was Rs.2.81 crore.

Standalone net loss for the company reached Rs.13.86 lacs in HY1 of FY19-20 showing a fall when compared with profit of Rs.27.30 lacs in a year ago period.

The standalone financials for the recently concluded year 2018-19 shows Mindpool Technologies marking a loss after tax of Rs.19.44 lacs and revenue of Rs.7.25 crore.

Loss per share for the current half year was Rs.0.33 as against EPS of Rs.0.90 in previous year same period.

Following are the consolidated HY1 financial figures of FY2019-20 at Mindpool Technologies

- Net profit reached Rs.47.95 lacs whereas in the same period a year ago it was Rs.1.41 crore.

- Earning per share stands at Rs.1.13 against Rs.4.66 in a year ago period.

- Total revenue earned is Rs.10.91 crore as compared to Rs.10.81 crore in the corresponding period preceding year.

The total consolidated earnings at Mindpool Technologies in the financial year 2018-19 was Rs.22.59 crore and PAT was Rs.1.60 crore.

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