Kushal - Standalone Q3-FY21 Net loss was Rs. 87.01 crore against profit of Rs.1.15 crore in Q3-FY20

Kushal– Standalone Q3-FY21 Revenue stood at Rs. 1.62 crore against Rs.39.33 crore in Q3-FY20.

Kushal announced its financial results for the quarter and period ended on 31st December, 2020.

Financials for Standalone Q3 at Kushal in FY20-21 are as follows:

- Revenue stood at Rs. 1.62 crore while previous year corresponding period it was Rs.39.33 crore.

- Net loss was Rs. 87.01 crore against profit of Rs.1.15 crore in a year ago period.

- Loss per share was Rs. 3.52 against EPS of Rs. 0.04 in a year ago period.

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

- Revenue was Rs.8.97 crore whereas in the last year same period it was Rs.154.37 crore.

- Net loss was Rs.86.84 crore against profit of Rs.3.28 crore in a year ago period

- Loss per share was Rs. 3.51against EPS of Rs.0.10 in the corresponding period previous year.

Annual revenue in FY19-20 reached Rs.183.05 crore with net loss of Rs.80.41 crore and Loss per share was Rs. 3.25 at Kushal.

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

Result

Rs. in Lacs

	Quarter Ended	Quarter Ended	Nine Months Ended Upto	Nine Months Ended Upto	Year Ended
	31/12/2020	31/12/2019	31/12/2020	31/12/2019	2019-2020
Income Statement
Revenue	162.62	3905.53	894.43	15375.71	18055.95
Other Income	0.00	28.13	2.97	61.86	249.77
Total Income	162.62	3933.66	897.4	15437.57	18305.72
Expenditure	8860.65	3321.24	9565.64	13849.52	24863.97
Interest	0.12	137.57	1.61	452.20	537.50
PBDT	-8698.15	474.85	-8669.85	1135.85	-7095.75
Depreciation	3.45	193.52	14.68	573.25	945.74
PBT	-8701.6	281.33	-8684.53	562.6	-8041.49
Tax	0.00	166.07	0.00	234.50	0.00
Net Profit	-8701.6	115.26	-8684.53	328.1	-8041.49
Equity	6732.81	6732.81	6732.81	6732.81	6732.81
EPS	3.52	0.04	-3.51	0.10	-3.25

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