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Sangam Renewables - Standalone HY1-FY21 Net loss was Rs.21.58 lacs against profit of Rs.37.36 lacs in HY1-FY20


Sangam Renewables – HY1-FY21 Loss per share was Rs.0.10 against EPS of Rs.0.18 in HY1-FY20.

Company : SANGAM RENEWABLES LIMITED

Sangam Renewables announced its Standalone and consolidated financial results for the quarter and half year ended on 30th Sept 2020.

Following are the Standalone financial details of HY1 FY20-21 at Sangam Renewables:

- Revenue stood at Rs.2.18 crore whereas in the previous year, same period revenue was of Rs. 2.86 crore.

- Net loss was Rs.21.58 lacs against profit of Rs.37.36 lacs in the corresponding period last year.

- Loss per share was Rs.0.10 against EPS of Rs.0.18 in a year ago period.

Financials for Standalone Q2 at Sangam Renewables in FY20-21 are as follows:

- Net loss was of Rs.1.64 lacs against loss of Rs.2.29 lacs in a year ago period.

- Revenue stood at Rs.1.10 crore while previous year corresponding period it was Rs. 1.34 crore.

- Loss per share was Rs.0.01 in a year ago period.

Standalone annual revenue of the company in FY19-20 reached Rs.5.08 crore with net loss of Rs.18.59 lacs and Loss per share was Rs.0.09 at Sangam Renewables.

Consolidated HY1 and Q2 financials at Sangam Renewables in FY20-21 are as follows:

- HY1 revenue stood at Rs.3.05 crore against Rs. 3.56 crore in a year ago period

- HY1 Net loss was Rs.1.25 crore against loss of Rs.35.86 crore in the corresponding period, last year

- HY1 Loss per share was Rs.0.59 against loss of Rs.0.18 per share in the previous year same period

- Q2 Revenue reached at Rs. 1.59 crore against Rs.1.45 crore in a year ago period.

- Q2 Net loss was of Rs.57.30 lacs against loss of Rs.30.50 lacs in the same period last year.

- Q2 Loss per share was Rs.0.27 while last year corresponding period it was Rs.0.15.

By the end of financial year 2019-20, Sangam Renewables earned consolidated revenue of Rs.7.37 crore with net loss of Rs.3.17 crore and Loss per share of Rs.1.54


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