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Kore Foods reports Profit after tax of Rs -0.55 Mln, in the September 2020 quarter

03 Nov 2020 Evaluate
A decrease of about -66.67% in the sales to Rs. 0.27 millions was observed for the quarter ended September 2020. The sales stood at Rs. 0.81 millions during the similar quarter previous year.The Net Loss for the quarter ended September 2020 is Rs. -0.55 millions as compared to Net Loss of Rs. -0.71 millions of corresponding quarter ended September 2019 Operating profit Margin for the quarter ended September 2020 improved to -0.13% as compared to -0.25% of corresponding quarter ended September 2019


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202009 201909 % Var 202009 201909 % Var 202003 201903 % Var
Sales 0.27 0.81 -66.67 0.54 1.62 -66.67 3.24 1.62 100.00
Other Income 0.13 0.25 -48.00 0.30 0.46 -34.78 0.96 2.11 -54.50
PBIDT -0.13 -0.25 -48.00 -0.58 -0.44 31.82 -0.41 0.26 -257.69
Interest 0.19 0.22 -13.64 0.41 0.44 -6.82 0.89 0.85 4.71
PBDT -0.32 -0.47 -31.91 -0.99 -0.88 12.50 4.73 -0.59 -901.69
Depreciation 0.23 0.24 -4.17 0.46 0.48 -4.17 0.93 0.92 1.09
PBT -0.55 -0.71 -22.54 -1.45 -1.36 6.62 3.80 -1.51 -351.66
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -0.55 -0.71 -22.54 -1.45 -1.36 6.62 3.80 -1.51 -351.66
Equity 116.50 116.50 0.00 116.50 116.50 0.00 116.50 116.50 0.00
PBIDTM(%) -48.15 -30.86 56.00 -107.41 -27.16 295.45 -12.65 16.05 -178.85
Peers
Company Name CMP
Nestle India 1354.60
Varun Beverages 430.70
Britannia Industries 4905.00
LT Foods 422.70
Hatsun Agro Product 1160.85
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