Sanghvi Brands Ltd H2FY21 consolidated loss at Rs. 3.88 crore

Sanghvi Brands Ltd has reported financial results for the period ended March 31, 2021.

Financial Results (H1 FY20-21)

The company has reported net sales of Rs.3.22 crores during the 6 months period ended March 31, 2021 as compared to Rs.0.5124 crores during the period ended September 30, 2020.

The company has posted net profit of Rs.(3.88) crores for the 6 months period ended March 31, 2021 as against Rs.(1.86) crores for the 6 months period ended September 30, 2020.

The company has reported EPS of Rs.(3.73) for the 6 months period ended March 31, 2021 as compared to Rs.(1.79) for the 6 months period ended September 30, 2020.

Financials	H2 FY20-21	H1 FY20-21	% Change
Total Income	₹ 3.22 crs	₹ 0.5124 crs	528.42%
Net Profit	₹ (3.88) crs	₹ (1.86) crs	108.6%
EPS	₹ (3.73)	₹ (1.79)	108.38%

Financial Results (H2 FY20-21) - YoY Comparison

The company has reported net sales of Rs.3.22 crores during the 6 months period ended March 31, 2021 as compared to Rs.14.53 crores during the 6 months period ended March 31, 2020.

The company has posted net profit of Rs.(3.88) crores for the 6 months period ended March 31, 2021 as against Rs.(8.38) crores for the 6 months period ended March 31, 2020.

The company has reported EPS of Rs.(3.73) for the 6 months period ended March 31, 2021 as compared to Rs.(8.04) for the 6 months period ended March 31, 2020.

Financials	H2 FY20-21	H2 FY19-20	% Change
Total Income	₹ 3.22 crs	₹ 14.53 crs	-77.84%
Net Profit	₹ (3.88) crs	₹ (8.38) crs	-53.7%
EPS	₹ (3.73)	₹ (8.04)	-53.61%

Financial Results (Year ended FY 2020-21) - YoY Comparison

The company has reported net sales of Rs.3.74 crores for the year ended March 31, 2021 as compared to Rs.30.62 crores for the year ended March 31, 2020.

The company has posted net profit of Rs.(5.75) crores for the year ended March 31, 2021 as against Rs.(9.10) crores for the year ended March 31, 2020.

The company has reported EPS of Rs.(5.52) for the year ended March 31, 2021 as compared to Rs.(8.74) for the year ended March 31, 2020.

Financials	FY2020-21	FY2019-20	% Change
Total Income	₹ 3.74 crs	₹ 30.62 crs	-87.79%
Net Profit	₹ (5.75) crs	₹ (9.10) crs	-36.81%
EPS	₹ (5.52)	₹(8.74)	-36.84%

Shares of Sanghvi Brands Ltd was last trading in BSE at Rs.6.76 as compared to the previous close of Rs. 6.76. The total number of shares traded during the day was 4000 in over 2 trades.

The stock hit an intraday high of Rs. 6.76 and intraday low of 6.76. The net turnover during the day was Rs. 27040.

Source : Equity Bulls

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