Mehai Technology - Standalone Q3-FY21 Net profit falls to Rs. 1.21 lacs against profit of Rs. 9.64 lacs in Q3-FY20

Mehai Technology – Standalone Q3-FY21 Revenue stood at Rs. 1.16 crore against Rs. 6.55 crore in Q3-FY20.

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

Financials for Standalone Q3 at Mehai Technology in FY20-21 are as follows: - Revenue stood at Rs. 1.16 crore while previous year corresponding period it was Rs. 6.55 crore.

- Net profit falls to Rs. 1.21 lacs against profit of Rs. 9.64 lacs in a year ago period.

- Earning per share was Rs. 0.01 against Rs. 0.09 in a year ago period.

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

- Revenue was Rs. 4.36 crore whereas in the last year same period it was Rs. 20.50 crore.

- Net profit was Rs. 3.25 lacs against Rs.21.45 lacs in a year ago period

- Earning per share was Rs. 0.03 against Rs. 0.20 in the corresponding period previous year.

Standalone annual revenue in FY19-20 reached Rs. 24.68 crore with net loss of Rs. 7.03 lacs and Loss per share was Rs. 0.07 at Mehai Technology.

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	115.78	643.86	434.58	2030.67	2454.10
Other Income	0.38	11.73	1.96	19.78	14.64
Total Income	116.16	655.59	436.54	2050.45	2468.74
Expenditure	110.13	639.49	419.66	2005.96	2460.73
Interest	0.12	-0.26	0.20	0.02	0.37
PBDT	5.91	16.36	16.68	44.46	7.63
Depreciation	4.28	3.40	12.78	10.65	16.87
PBT	1.63	12.96	3.9	33.81	-9.23
Tax	0.42	3.32	0.65	12.28	-2.20
Net Profit	1.21	9.64	3.25	21.54	-7.03
Equity	1071.00	1071.00	1071.00	1071.00	1071.00
EPS	0.01	0.09	0.03	0.20	-0.70

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