Stock Report

Crompton Greaves Consumer Electricals Ltd consolidated Q4 PAT drops to Rs. 102.10 crore



Posted On : 2020-05-15 20:15:52( TIMEZONE : IST )

Crompton Greaves Consumer Electricals Ltd consolidated Q4 PAT drops to Rs. 102.10 crore

Crompton Greaves Consumer Electricals Ltd has reported financial results for the period ended March 31, 2020.

Financial Results (Q4 FY19-20) - QoQ Comparison

The company has reported total income of Rs.1038.30 crores during the period ended March 31, 2020 as compared to Rs.1088.83 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.102.10 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.160.97 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.1.62 for the period ended March 31, 2020 as compared to Rs.2.55 for the period ended December 31, 2019.

FinancialsQ4 FY19-20Q3 FY19-20% Change
Total Income₹ 1038.30 crs₹ 1088.83 crsDown Tick -4.64%
Net Profit₹ 102.10 crs₹ 160.97 crsDown Tick -36.57%
EPS₹ 1.62₹ 2.55Down Tick -36.47%

Financial Results (Q4 FY19-20) - YoY Comparison

The company has reported total income of Rs.1038.30 crores during the period ended March 31, 2020 as compared to Rs.1223.84 crores during the period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.102.10 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.140.54 crores for the period ended March 31, 2019.

The company has reported EPS of Rs.1.62 for the period ended March 31, 2020 as compared to Rs.2.23 for the period ended March 31, 2019.

FinancialsQ4 FY19-20Q4 FY18-19% Change
Total Income₹ 1038.30 crs₹ 1223.84 crsDown Tick -15.16%
Net Profit₹ 102.10 crs₹ 140.54 crsDown Tick -27.35%
EPS₹ 1.62₹ 2.23Down Tick -27.35%

Financial Results (12 months ended FY 19-20) - YoY Comparison

The company has reported total income of Rs.4579.31 crores during the 12 months period ended March 31, 2020 as compared to Rs.4526.92 crores during the 12 months period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.496.39 crores for the 12 months period ended March 31, 2020 as against net profit / (loss) of Rs.401.39 crores for the 12 months period ended March 31, 2019.

The company has reported EPS of Rs.7.85 for the 12 months period ended March 31, 2020 as compared to Rs.6.36 for the 12 months period ended March 31, 2019.

FinancialsYear Ended FY19-20Year Ended FY18-19% Change
Total Income₹ 4579.31 crs₹ 4526.92 crsUp Tick 1.16%
Net Profit₹ 496.39 crs₹ 401.39 crsUp Tick 23.67%
EPS₹ 7.85₹6.36Up Tick 23.43%

Commenting on the Quarter results, Company's Managing Director, Shantanu Khosla said "We had strong growth momentum in January and February across all product categories.However, Covid - 19 had a significant adverse impact on the Company's performance for the quarter. Our robust cost reduction programs ensured we maintained our profitability even in these difficult times.

Our strong balance sheet ensures we are well positioned to navigate the uncertain times ahead. The Company's top most priority is to ensure the safety and well being of all our employees and partners as we start up operations after the period of lock down. We remain focused on managing our cash and costs during this uncertain period."

Shares of Crompton Greaves Consumer Electricals Ltd was last trading in BSE at Rs.208.15 as compared to the previous close of Rs. 208.3. The total number of shares traded during the day was 32087 in over 1010 trades.

The stock hit an intraday high of Rs. 212.05 and intraday low of 206. The net turnover during the day was Rs. 6729549.

Source : Equity Bulls

Keywords