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Sangam Renewables -Standalone Q3-FY21 Net profit was Rs.16.80 lacs against loss of Rs.14.64 lacs in Q3-FY20


Sangam Renewables– Standalone Q3-FY21 Revenue reached Rs.2.75 crore against Rs.1.22 crore in Q3-FY20

Company : SANGAM RENEWABLES LIMITED

Sangam Renewables announced its Standalone and consolidated financial results for the quarter and period that ended on 31st December, 2020.

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

- Revenue reached at Rs.2.75 crore while previous year corresponding period it was Rs.1.22 crore.

- Net profit rises to Rs.16.80 lacs against loss of Rs.14.64 lacs in a year ago period.

- Earning per share was Rs. 0.08 against loss per share of Rs.0.07 in a year ago period.

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

- Net loss was Rs.4.78 lacs against profit of Rs.22.72 lacs in a year ago period

- Revenue was of Rs.4.93 Crore whereas in the last year same period it was Rs.4.09 crore.

- Loss per share was 0.02 against earning per share of Rs.0.11 in the corresponding period previous year.

Standalone annual revenue 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.

Following are the consolidated Q3 financials at Sangam Renewables in FY20-21:

- Revenue reached Rs.3.38 crore whereas previous year corresponding period it was Rs.2.39 crore

- Net loss was at Rs.47.14 crore against loss of Rs.16.52 crore in a year ago period.

- Loss per share was Rs.0.23 while preceding year same period it was loss of Rs.0.08 per share.

Consolidated financials for the first 9 months period in FY20-21 at Sangam Renewables are given below:

- Revenue earned was Rs.6.44 crore whereas previous year corresponding period it was Rs.5.96 crore.

- Net loss was at Rs.1.72 crore against loss of Rs.52.39 lacs in a year ago period.

- Loss per share reached Rs.0.82 while preceding year same period it was Rs.0.26.

Consolidated annual revenue at Sangam Renewables in FY20-21 reached Rs.7.37 crore with Net loss was of Rs.3.17 crore and Loss per share was Rs.1.53.



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 177.90 24.90 199.45 183.49 197.57
Other Income 97.97 97.43 294.45 225.64 310.50
Total Income 275.87 122.33 493.9 409.13 508.07
Expenditure 156.7 45.87 208.93 143.82 193.33
Interest 97.46 84.82 273.88 252.95 338.430
PBDT 21.71 -8.35 11.09 12.36 -23.69
Depreciation 4.08 4.08 12.18 12.11 16.10
PBT 17.63 -12.44 -1.09 0.25 -39.79
Tax 0.83 2.20 3.69 -22.47 -21.21
Net Profit 16.8 -14.64 -4.78 22.72 -18.58
Equity 2,081.48 2,081.48 2,081.48 2,081.48 2,081.48
EPS 0.08 -0.07 -0.02 0.11 -0.09

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