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Oceanic Foods-Standalone Q3-FY21 Net profit dips to Rs.60 lacs against Rs.92 lacs in Q3-FY20


Oceanic Foods – Standalone Q3-FY21 Revenue reached Rs.25.44 crore against Rs.25.04 crore in Q3-FY20

Company : Oceanic Foods Ltd

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

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

- Revenue reached at Rs.25.44 crore while previous year corresponding period it was Rs.25.04 crore.

- Net profit dips to Rs.60 lacs against Rs.92 lacs in a year ago period.

- Earning per share was Rs. 0.53 against Rs.0.82 in a year ago period.

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

- Net profit falls to Rs.1.34 crore against Rs.2.63 crore in a year ago period

- Revenue was of Rs.76.39 crore whereas in the last year same period it was Rs.69.52 crore.

- Earning per share was Rs. 1.19 against Rs.2.34 in the corresponding period previous year

Standalone annual revenue in FY19-20 reached Rs.91.32 crore with net profit of Rs.2.89 crore and Earning per share was Rs. 2.57 at Oceanic Foods.

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 2542.00 2499.00 7607.00 6934.00 9112.00
Other Income 2.00 5.00 32.00 18.00 20.00
Total Income 2544.00 2504.00 7639.00 6952.00 9132.00
Expenditure 2408.00 2315.00 7274.00 6375.00 8465.00
Interest 34.00 43.00 118.00 165.00 200.00
PBDT 102.00 146.00 247.00 412.00 467.00
Depreciation 23.00 22.00 69.00 66.00 88.00
PBT 79.00 124.00 178.00 346.00 379.00
Tax 19.00 32.00 44.00 83.00 90.00
Net Profit 60.00 92.00 134.00 263.00 289.00
Equity 1125.00 1125.00 1125.00 1125.00 1125.00
EPS 0.53 0.82 1.19 2.34 2.57

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