Starlit Power Systems suffers Rs.50.70 lacs loss in HY1 of FY2019-20

Starlit Power Systems earns Rs.4.87 crore revenue in HY1 of FY2019-20 whereas previous year same period it was Rs.9.51 crore.

Starlit Power Systems published its financial results for the half year and quarter ending on 30th September, 2019 suffering net loss of Rs.50.70 lacs in HY1 against post tax loss of Rs.93.77 lacs in the corresponding period a year ago.

Following are the Q2 financials at Starlit Power Systems in FY2019-20:

- Total revenue reached Rs.1.54 crore whereas previous year same period it was Rs.3.84 crore.

- Net loss reached Rs.43.21 lacs against post tax loss of Rs.53.10 lacs in a year ago period.

- Loss per share reached Rs.0.43

By the end of financial year 2018-19, total revenue at Starlit Power Systems was Rs.14.04 crore and net loss incurred by the company reached Rs.4.03 crore.

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\n Result\n

\nRs. in Lacs\n

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	Quarter Ended	Quarter Ended	Current Year Upto	Previous Year Upto	Previous Year
	30/9/2019	30/9/2018	30/9/2019	30/9/2018	2018-2019
Income Statement
Revenue	150.33	319.95	482.55	886.75	1281.33
Other Income	4.45	64.28	4.45	64.28	123.28
Total Income	154.78	384.23	487.00	951.03	1404.61
Expenditure	163.97	471.71	576.47	1019.83	1587.19
Interest	44.84	45.41	90.15	83.22	229.32
PBDT	-54.03	-132.89	-179.62	-152.02	-411.9
Depreciation	24.57	24.73	49.09	49.85	99.71
PBT	-78.6	-157.62	-228.71	-201.87	-511.61
Tax	-35.39	-104.52	-178.01	-108.10	-108.38
Net Profit	-43.21	-53.1	-50.7	-93.77	-403.23
Equity	1006.50	1006.50	1006.50	1006.50	1006.50
EPS	-0.43	-0.53	-0.50	-0.93	-4.01