Q1FY21 results: Balmer Lawrie & Co records net loss of Rs 5.23 crore
Balmer Lawrie & Co. Ltd. announced its Q1FY21 results on Aug 19, 2020. The company reported consolidated net sales of Rs 276.86 crore in Q1FY21, which declined by 35.83 per cent YoY from Rs 431.42 crore in Q1FY20.
The company posted negative EBITDA of Rs 2.16 crore in Q1FY21 that decreased by 104.88 per cent YoY. For Q1FY20, it had posted EBITDA of Rs 44.26 crore. EBITDA margin as of Q1FY21 was at negative 0.78 per cent that declined by 11.04 per cent YoY. EBITDA margin for Q1FY20 was 10.26 per cent.
The consolidated net loss in Q1FY21 came in at Rs 5.23 crore, which declined by 117.21 per cent, as compared to Q1FY20, when it reported a profit of Rs 30.37 crore. The net profit margin in Q1FY21 came in at negative 1.89 per cent, which declined by 8.93 per cent YoY. The net profit margin for Q1FY20 was 7.04 per cent.
The share price of the company closed at Rs 117.75, down by 0.88 per cent.
|
Particulars
|
Q1FY21 (Rs in cr)
|
Q1FY20 (Rs in cr)
|
Per cent change
|
|
Net Profit(loss)
|
(5.23)
|
30.37
|
-117.21
|
|
Net Revenue
|
276.86
|
431.42
|
-35.83
|
|
Operating Profit(loss)
|
(2.16)
|
44.26
|
-104.88
|
|
EBITDAM%
|
-0.78
|
10.26
|
-11.04
|
|
PATM%
|
-1.89
|
7.04
|
-8.93
|