South West Pinnacle Exploration – Standalone HY1-FY21 Revenue stood at Rs.39.93 crore against Rs.33.40 crore in HY1-FY20

Company : South West Pinnacle Exploration Limited

South West Pinnacle Exploration 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 South West Pinnacle Exploration:

- Revenue reached at Rs.39.93 crore whereas in the previous year, same period revenue was Rs.33.40 crore.

- Net profit rises to Rs.4.37 crore against Rs.2.59 crore in the corresponding period last year.

- Loss per share was Rs.1.57 against Rs.0.93 in a year ago period.

Financials for Standalone Q2 at South West Pinnacle Exploration in FY20-21 are as follows:

- Revenue was Rs.24.95 crore while previous year corresponding period it was Rs.19.88 crore.

- Net profit was Rs.3.62 crore against Rs.2.40 crore in a year ago period.

- Earning per share was Rs. 1.30 against Rs.0.86 in a year ago period.

Standalone annual revenue in FY19-20 reached Rs.85.30 crore with net profit of Rs.5.54 crore and Earning per share was Rs.1.99 at South West Pinnacle Exploration.

Consolidated HY1 and Q2 financials at South West Pinnacle Exploration in FY20-21 are as follows:

- HY1 revenue reached at Rs.41.27 crore against Rs.35.56 crore in a year ago period.

- HY1 profit was Rs.5.02 crore against Rs.2.61 crore in the corresponding period, last year.

- HY1 profit per share was Rs.1.80 against Rs. 0.94 in the previous year same period.

- Q2 Revenue reached at Rs.25.68 crore against Rs.21.11 crore in a year ago period.

- Q2 PAT wasRs.3.69 crore against Rs.2.38 crore in the same period last year.

- Q2 EPS was Rs. 1.32 against Rs.0.85 in the previous year same period.

By the end of financial year 2019-20, South West Pinnacle Exploration earned consolidated revenue of Rs.87.47 crore with net profit of Rs.3.29 crore and Earning per share of Rs.1.17.

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