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Narayani Steel - Standalone Q3-FY21 Net loss was Rs.12.95 crore against loss of Rs.6.86 crore in Q3-FY20


Narayani Steel– Standalone Q3-FY21 Revenue stood at Rs.30.67 crore against Rs. 79.49 crore in Q3-FY20.

Company : Narayani Steels Limited

Narayani Steel announced its Standalone and consolidated financial results for the quarter and period ended on 31st December, 2020.

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

- Revenue stood at Rs.30.67 crore while previous year corresponding period it was Rs. 79.49 crore

- Net loss was Rs.12.95 crore against loss of Rs.6.86 crore in a year ago period.

- Loss per share was Rs.11.87 against loss of Rs.6.29 per share in a year ago period.

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

- Revenue was Rs. 77.09 crore whereas previous year corresponding period it was Rs.325.37 crore.

- Net loss was Rs.23.59 crore against loss of Rs 12.26 crore in a year ago period

- Loss per share was Rs.21.63 against loss of Rs.11.24 per share in the corresponding period previous year.

Standalone annual revenue in FY19-20 reached Rs. 362.36 crore with net loss of Rs.31.31 crore and loss per share was Rs. 28.73 at Narayani Steel.

Following are the consolidated Q3 financials at Narayani Steel in FY20-21:

- Revenue reached Rs.30.67 crore whereas previous year corresponding period it was Rs. 79.49 crore

- Net loss was Rs.12.95 crore against Rs. 6.86 crore in a year ago period.

- Loss per share Rs.11.87 while preceding year same period it was loss of Rs.6.29 per share.

Consolidated financials for the first 9 months period in FY20-21 at Narayani Steelare given below:

- Revenue earned was Rs. 77.09 crore whereas previous year corresponding period it was Rs. 325.37 crore.

- Net loss was Rs.23.59 crore against Rs.12.26 crore in a year ago period.

- Loss per share Rs. 21.63 while preceding year same period it was Rs. 11.24.

Consolidated annual revenue at Narayani Steel in FY20-21 reached Rs.362.36 crore with Net loss of Rs. 32.02 crore and Loss per share was Rs.29.35.

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 3051.33 7866.70 7478.73 32251.21 35852.02
Other Income 15.71 82.98 230.94 286.39 384.26
Total Income 3067.04 7949.68 7709.67 32537.6 36236.28
Expenditure 4011.9 8337.51 8840.56 32674.73 38569.1
Interest 969.17 636.96 2302.14 1620.66 2305.80
PBDT -1914.03 -1024.79 -3433.03 -1757.79 -4638.62
Depreciation 31.25 38.80 102.44 112.86 166.64
PBT -1945.28 -1063.59 -3535.47 -1870.65 -4805.26
Tax -649.90 -376.97 -1176.20 -645.06 -1673.74
Net Profit -1295.34 -686.66 -2359.26 -1226.21 -3134.01
Equity 1090.90 1090.90 1090.90 1090.90 1090.90
EPS -11.87 -6.29 -21.63 -11.24 -29.35

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