Q1FY21 results: lrcon International net profit declines by 76.18 per cent YoY to Rs 34.46 crore
lrcon International Limited announced its Q1FY21 results on Aug 25, 2020. The company reported consolidated net sales of Rs 526.87 crore in Q1FY21, which declined by 50.75 per cent YoY from Rs 1069.85 crore in Q1FY20.
The company posted EBITDA of Rs 59.75 crore in Q1FY21 that decreased by 65.97 per cent YoY. For Q1FY20, it had posted EBITDA of Rs 175.6 crore. EBITDA margin as of Q1FY21 was at 11.34 per cent that declined by 5.07 per cent YoY. EBITDA margin for Q1FY20 was 16.41 per cent.
The consolidated net profit in Q1FY21 came in at Rs 34.46 crore, which declined by 76.18 per cent, as compared to Q1FY20, when it reported a profit of Rs 144.66 crore. The net profit margin in Q1FY21 came in at 6.54 per cent, which declined by 6.98 per cent YoY. The net profit margin for Q1FY20 was 13.52 per cent.
The share price of the company closed at Rs 96.7, up by 0.83 per cent.
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Particulars
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Q1FY21 (Rs in cr)
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Q1FY20 (Rs in cr)
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Per cent change
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|
Net Profit
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34.46
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144.66
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-76.18
|
|
Net Revenue
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526.87
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1,069.85
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-50.75
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Operating Profit
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59.75
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175.60
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-65.97
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EBITDAM%
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11.34
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16.41
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-5.07
|
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PATM%
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6.54
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13.52
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-6.98
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