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Read more about VBL slumps on recording Q4 net loss of Rs 7 crore on Business Standard. Varun Beverages (VBL) tumbled 4.44% to Rs 901.70 after the company reported a consolidated net loss of Rs 7.24 crore in Q4 December 2020 as against a net loss of Rs 53.95 crore in Q4 December 2019.
VBL shrinks Q4 loss to Rs 7 crore from Rs 54 crore y-o-y ANI | Updated: Feb 16, 2021 13:37 IST
Gurugram (Haryana) [India], February 16 (ANI): Varun Beverages Ltd (VBL), a key player in the beverage industry and one of the largest franchisee of PepsiCo worldwide, said on Tuesday its losses reduced significantly to Rs 7.24 crore during October to December.
The company, which follows calendar year as its financial year, had posted a net loss of Rs 53.95 crore in Q4 2019.
For CY 2020, however, profit after tax decreased by 24 per cent to Rs 357 crore primarily because of 64.7 per cent decline in Q2 due to Covid-19 lockdown restrictions imposed by the government.
Technocraft Industries (India) Limited Q3FY21 Consolidated Revenue from Operations at ₹ 335 Crores
Posted On: 2021-02-11 11:27:56 (Time Zone: Arizona, USA)
Technocraft Industries (India) Limited, amongst India s leading engineering Company announced its financial results on February 11, 2021 for the second quarter (Q3 FY21) ended on December 31, 2020.
Highlights of consolidated financials for the quarter are:
- Revenue from Operations for the quarter stood at ₹ 335 Crores in Q3 FY21 as compared of Rs. 327 Crores in Q3 FY20.
- EBIDTA for the Q3 FY21 stood at ₹ 77 Crores as against ₹ 69 Crores in Q3 FY20.
- Depreciation for the quarter increased by ₹ 5 Crores as a result of expansions across various divisions, result of which are likely to be seen in coming years.
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