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Gala Global Products- Standalone HY1-FY21 Net profit shrinks to Rs.1.23 crore against Rs.2.05 crore in HY1-FY20


Gala Global Products – Standalone HY1-FY21 Revenue stood at Rs.44.61 crore against Rs.68.55 crore in HY1-FY20

Company : Gala Global Products Limited

Gala Global Products announced its Standalone financial results for the quarter and half year ended on 30th Sept 2020.

Following are the Standalone financial details of HY1 FY20-21 at Gala Global Products:

- Revenue stood at Rs.44.61 crore whereas in the previous year, same period revenue was Rs.68.55 crore.

- Net profit falls to Rs.1.23 crore against profit of Rs.2.05 crore in the corresponding period last year.

- Earning per share stood at Rs.0.23 against Rs.0.38 in a year ago period.

Financials for Standalone Q2 at Gala Global Products in FY20-21 are as follows:

- Revenue stood at Rs.30.55 crore while previous year corresponding period it was Rs.30.87 crore.

- Net profit was Rs.76.70 lacs against profit of Rs.87.17 lacs in a year ago period.

- Earning per share was Rs. 0.14 against Rs. 0.16 in a year ago period.

Standalone annual revenue in FY19-20 reached Rs.100.61 crore with net profit of Rs.1.96 crore and Earning per share was Rs.0.36 at Gala Global Products.

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 3053.33 3082.18 4449.08 6840.08 9991.06
Other Income 2.17 5.63 11.93 15.03 69.94
Total Income 3055.5 3087.81 4461.01 6855.11 10061.00
Expenditure 2907.59 2933.25 4190.22 6409.92 9520.03
Interest 20.66 33.33 59.06 128.55 192.39
PBDT 127.25 121.23 211.73 316.64 348.57
Depreciation 18.66 10.06 37.09 20.00 105.05
PBT 108.59 111.17 174.64 296.64 243.52
Tax 31.89 24.00 51.58 91.02 46.57
Net Profit 76.7 87.17 123.06 205.62 196.95
Equity 2729.40 2729.40 2729.40 2729.40 2729.40
EPS 0.14 0.16 0.23 0.38 0.36

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