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Chemtech Industrial Valves- Standalone Q3-FY21 Net profit was Rs. 41.21 lacs against Rs.70.73 lacs in Q3-FY20


Chemtech Industrial Valves – Standalone Q3-FY21 Revenue stood at Rs. 4.17 crore against Rs.7.31 crore in Q3-FY20.

Company : CHEMTECH INDUSTRIAL VALVES LIMITED

Chemtech Industrial Valves announced its Standalone and consolidated financial results for the quarter and period ended on 31st December, 2020.

Financials for Standalone Q3 at Chemtech Industrial Valves in FY20-21 are as follows:

- Revenue stood at Rs. 4.17 crore while previous year corresponding period it was Rs.7.31 crore.

- Net profit was Rs. 41.21 lacs against Rs.70.73 lacs in a year ago period.

- Earning per share was Rs. 0.36 against Rs. 0.62 in a year ago period.

Standalone financials for the 9 months period ended on 31st December 2020 at Chemtech Industrial Valves are as follows:

- Revenue was Rs.10.14 crore whereas in the last year same period it was Rs.18.37 crore.

- Net profit was Rs.53.73 lacs against Rs.1.47 crore in a year ago period

- Earning per share was Rs. 0.47 against Rs. 1.28 in the corresponding period previous year.

Standalone annual revenue in FY19-20 reached Rs.19.79 crore with net profit of Rs.97.13 lacs and Earning per share was Rs. 0.85 at Chemtech Industrial Valves.



STANDALONE FINANCIAL RESULTS FOR THE QUARTER & NINE MONTHS ENDED DECEMBER 31,2020

Result
Rs. in Lacs
Quarter
Ended
Quarter
Ended
Nine Months Ended Nine Months Ended Year
Ended
31/12/2020 31/12/2019 31/12/2020 31/12/2019 2019-2020
Income Statement
Revenue 413.40 730.58 1003.50 1824.28 1955.64
Other Income 4.27 1.08 10.79 12.82 24.08
Total Income 417.67 731.66 1014.29 1837.1 1979.72
Expenditure 312.29 594.82 786.32 1522.44 1652.2
Interest 39.94 33.40 102.29 101.79 132.06
PBDT 65.44 103.44 125.68 212.87 195.46
Depreciation 24.65 31.47 73.88 75.77 101.16
PBT 40.79 71.97 51.8 137.1 94.3
Tax -0.43 1.24 -1.93 -10.45 -2.83
Net Profit 41.21 70.73 53.73 147.55 97.13
Equity 1148.73 1148.73 1148.73 1148.73 1148.73
EPS 0.36 0.62 0.47 1.28 0.85

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