Tiger Logistics (India)- CONSOL Q1-FY21 suffered loss of Rs.7.21 crore against PAT of Rs.59.14 lacs in Q1-FY20.

Tiger Logistics (India)- Standalone Q1-FY21 Net loss of Rs.7.20 crore against of profit Rs.59.35 lacs in Q1-FY20.

Tiger Logistics (India) announced its standalone and consolidated financials for the Q1 ended on 30th June, 2020 marking a sharp decline in post-tax gains as compared to a year ago period.

Following are the standalone financial figures for the Q1-FY2021:

-Net loss stood at Rs.7.20 crore against profit of Rs.59.35 Lacs in a year ago period.

-Revenue reached Rs.23.95 crore whereas last year corresponding period it was Rs.70.47 crore.

-Loss per share stood at Rs. 7.01 against EPS of Rs.0.47 in the previous year, same period.

For the year that ended on 31st March, 2020, the company earned standalone total revenue of Rs.303.17 crore with net loss of Rs.12.33 crore and loss per share of Rs. 11.81.

Consolidated Q1 financials at Tiger Logistics (India) in FY2020-21 are as follows:

-Net loss stood at Rs.7.21 crore against PAT Rs.59.14 lacs in Q1-FY20.

-Q1 revenue stood at Rs.23.95 crore while previous year same period it was Rs.70.47 crore.

-Loss per share stood at Rs. 7.02 against EPS of Rs. 0.47 in the previous year, same period.

Annual consolidated loss for FY19-20 reached Rs.12.38 crore with revenue of Rs.303.17 crore and loss per share of Rs.11.85

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