Rathi Bars Ltd posts net profit of Rs. 0.1369 crore in Q1

RATHI BARS LTD. has reported financial results for the period ended June 30, 2020.

Financial Results (Q1 FY 2020-21) - QoQ Comparison

The company has reported total income of Rs.42.90 crores during the period ended June 30, 2020 as compared to Rs.106.38 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.0.1369 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.0.7624 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.0.08 for the period ended June 30, 2020 as compared to Rs.0.47 for the period ended March 31, 2020.

Financials	Q1 FY2020-21	Q4 FY19-20	% Change
Total Income	₹ 42.90 crs	₹ 106.38 crs	-59.67%
Net Profit	₹ 0.1369 crs	₹ 0.7624 crs	-82.04%
EPS	₹ 0.08	₹ 0.47	-82.98%

Financial Results (Q1 FY 2020-21) - YoY Comparison

The company has reported total income of Rs.42.90 crores during the period ended June 30, 2020 as compared to Rs.114 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.0.1369 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.0.5922 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.0.08 for the period ended June 30, 2020 as compared to Rs.0.36 for the period ended June 30, 2019.

Financials	Q1 FY2020-21	Q1 FY2019-20	% Change
Total Income	₹ 42.90 crs	₹ 114 crs	-62.37%
Net Profit	₹ 0.1369 crs	₹ 0.5922 crs	-76.88%
EPS	₹ 0.08	₹ 0.36	-77.78%

Shares of RATHI BARS LTD. was last trading in BSE at Rs.11.04 as compared to the previous close of Rs. 11.04. The total number of shares traded during the day was 1821 in over 20 trades.

The stock hit an intraday high of Rs. 11.3 and intraday low of 10.8. The net turnover during the day was Rs. 19924.

Source : Equity Bulls

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