Himatsingka Seide records a consolidated net loss of ~Rs69cr in Q4FY20

Company slips into red with Rs69cr Q4FY20 net loss.

Jul 04, 2020 07:07 IST India Infoline News Service

Quarterly Results
Himatsingka Seide announced its quarterly results on July 4, 2020. The consolidated net sales in Q4FY20 stood at Rs434.6cr, which declined by 37.09% yoy from Rs690.86cr in Q4FY19.

EBITDA stood at Rs59.8cr in Q4FY20 that declined by 56.84% yoy. For Q4FY19, it had posted EBITDA of Rs138.55cr. EBITDA margin as of Q4FY20 was at 13.76% that declined by 6.29% yoy against the same quarter, previous year.    

The consolidated net loss in Q4FY20 came in at Rs68.84cr that declined by 242.32%, as compared to Q4FY19 when it reported consolidated net profit of Rs48.37cr. The net profit margin in Q4FY20 came in at -15.84% that declined by 22.84% yoy. The net profit margin for Q4FY19 was at 7%.

Particulars Q4FY20
(Rs in cr)
Q4FY19
(Rs in cr)
% VAR
Net Sales 434.60 690.86 -37.09
Operating Profit 59.80 138.55 -56.84
Net Profit (-Loss) -68.84 48.37 -242.32
EBITDAM% 13.76 20.05 -6.29
PATM% -15.84 7 -22.84

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