Vinny Overseas: Incurred HY2-19 loss of Rs.27.18 lacs against PAT of Rs.1.58 crore, revenue falls 36% at Rs.73.16 crore.

Company : Wealth First Portfolio Managers Limited

Financial results for the annual and half year ended 31st march, 2020 released at Vinny Overseas shows rise in revenue and in net profit

Below are the HY2 financial details of FY2019-20 at Vinny Overseas:

• Total revenue reached Rs.73.16 crore in Vinny Overseas in HY31.03.20 as against Rs.116.03 crore in a year ago period.

• Loss after tax stood at Rs.27.18 lacs as against post tax profit of Rs.1.58 crore in pervious year same period.

• Loss per share is Rs.0.29 whereas last year corresponding period it was profit of Rs.1.63

• Loss before tax reached Rs.45.51 lacs while previous year same period it was PBT of Rs.1.82 crore.

For the year that ended on 31st March, 2020, the company earned total revenue of Rs.159.73 crore as compared to Rs.206.92 crore in the previous fiscal year

Net profit reached Rs.39.23 lacs in FY2019-20 at Vinny Overseas showing a rise when compared to Rs.3.22 crore in the previous year. Earnings per share stood at Rs.0.43 against Rs.4.11 a year ago.

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