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Sumit Woods- Standalone HY1-FY21 Net loss was Rs.9.68 crore against profit of Rs.2.48 crore in HY1-FY20


Sumit Woods – Standalone HY1-FY21 Revenue reached at Rs.99.42lacs against Rs.5.97 crore in HY1-FY20

Company : Sumit Woods Limited

Sumit Woods 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 Sumit Woods:

- Revenue stood at Rs.99.42lacs whereas in the previous year, same period revenue was Rs.5.97 crore.

- Net loss was Rs.9.68 crore against profit of Rs.2.48 crore in the corresponding period last year.

- Loss per share was Rs.3.17 against EPS of Rs.0.82 in a year ago period.

Financials for Standalone Q2 at Sumit Woods in FY20-21 are as follows:

- Revenue was Rs.59.95lacs while previous year corresponding period it was Rs.2.90 crore.

- Net loss was of Rs.7.64 crore against profit of Rs.63.86lacs in a year ago period.

- Loss per share was Rs.2.50 against EPS of Rs.0.21 in a year ago period.

Standalone annual revenue in FY19-20 reached Rs.10.59 crore with net profit of Rs.2.73 crore and Earning per share was Rs.0.89 at Sumit Woods.

Consolidated HY1 and Q2 financials at Sumit Woods in FY20-21 are as follows:

- HY1 revenue stood at Rs.12.36 crore against Rs.23.60 crore in a year ago period.

- HY1 loss was Rs.10.43 crore against profit Rs.4.72 crore in the corresponding period, last year.

- HY1 loss per share was Rs.3.72 against EPS of Rs.0.90 in the previous year same period.

- Q2 Revenue reached at Rs.5.03 crore against Rs.13.84 crore in a year ago period.

- Q2 loss was of Rs.8.15 crore against PAT of Rs.1.87 crore in the same period last year.

- Q2 loss per share was Rs. 3.07against EPS of Rs.0.13 in the previous year same period.

By the end of financial year 2019-20, Sumit Woods earned consolidated revenue of Rs.49.96 crore with net profit of Rs.5.99 crore and Earning per share of Rs.2.10


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