COMPANY QUOTE

details
Share Market News
The topline stands at Rs. 1818.85 millions for the June 2019 quarter. The mentioned figure indicates a rise of about 92.99% as against Rs. 942.46 millions during the year-ago period.The Net Loss for the quarter ended June 2019 is Rs. -450.56 millions as compared to Net Loss of Rs. -414.54 millions of corresponding quarter ended June 2018 Operating profit Margin for the quarter ended June 2019 improved to 42.60% as compared to -112.95% of corresponding quarter ended June 2018 (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 1818.85 942.46 92.99 1818.85 942.46 92.99 5050.59 5302.01 -4.74 Other Income 85.60 14.42 493.62 85.60 14.42 493.62 1520.78 113.96 1234.49 PBIDT 42.60 -112.95 -137.72 42.60 -112.95 -137.72 962.91 -269.44 -457.37 Interest 397.90 392.31 1.42 397.90 392.31 1.42 2596.66 1499.49 73.17 PBDT -355.30 -505.26 -29.68 -355.30 -505.26 -29.68 -2151.77 -1993.87 7.92 Depreciation 122.71 128.48 -4.49 122.71 128.48 -4.49 515.85 528.17 -2.33 PBT -478.01 -633.74 -24.57 -478.01 -633.74 -24.57 -2667.62 -2522.04 5.77 TAX -27.45 -219.20 -87.48 -27.45 -219.20 -87.48 -527.48 -751.01 -29.76 Deferred Tax -27.45 -219.20 -87.48 -27.45 -219.20 -87.48 -527.48 -751.01 -29.76 PAT -450.56 -414.54 8.69 -450.56 -414.54 8.69 -2140.14 -1771.03 20.84 Equity 1188.49 1188.49 0.00 1188.49 1188.49 0.00 1188.49 1188.49 0.00 PBIDTM(%) 2.34 -11.98 -119.54 2.34 -11.98 -119.54 19.07 -5.08 -475.15
The Turnover for the quarter ended March 2019 of Rs. 2513.26 millions increase by 61.29% from Rs. 1558.18 millions.The Net Loss for the quarter ended March 2019 is Rs. -915.84 millions as compared to Net Loss of Rs. -562.30 millions of corresponding quarter ended March 2018 Operating profit Margin for the quarter ended March 2019 improved to 1594.16% as compared to -58.80% of corresponding quarter ended March 2018 (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201803 201703 % Var Sales 2513.26 1558.18 61.29 5050.59 5302.00 -4.74 5302.01 9389.76 -43.53 Other Income 1478.10 84.11 1657.34 1520.79 113.96 1234.49 113.96 248.48 -54.14 PBIDT 1594.16 -58.80 -2811.16 962.90 -269.43 -457.38 -269.44 1386.15 -119.44 Interest 1338.80 460.56 190.69 2596.65 1499.50 73.17 1499.49 1401.98 6.96 PBDT -762.03 -744.29 2.38 -2151.77 -1993.86 7.92 -1993.86 1001.56 -299.08 Depreciation 127.59 129.64 -1.58 515.85 528.18 -2.33 528.17 570.05 -7.35 PBT -889.63 -873.93 1.80 -2667.63 -2522.04 5.77 -2522.03 431.51 -684.47 TAX 26.21 -311.63 -108.41 -527.49 -649.05 -18.73 -751.00 128.01 -686.67 Deferred Tax 26.21 -311.63 -108.41 -461.36 -462.47 -0.24 0.00 0.00 0.00 PAT -915.84 -562.30 62.87 -2140.14 -1872.99 14.26 -1771.03 303.50 -683.54 Equity 1188.49 1188.49 0.00 1188.49 1188.49 0.00 1188.49 1188.49 0.00 PBIDTM(%) 63.43 -3.77 -1780.88 19.07 -5.08 -475.17 -5.08 14.76 -134.42
A fair growth of 24.76% in the revenue at Rs. 1051.73 millions was reported in the December 2018 quarter as compared to Rs. 843.02 millions during year-ago period.The Net Loss for the quarter ended December 2018 is Rs. -189.98 millions as compared to Net Loss of Rs. -422.31 millions of corresponding quarter ended December 2017 Operating profit Margin for the quarter ended December 2018 improved to -355.71% as compared to -98.64% of corresponding quarter ended December 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 1051.73 843.02 24.76 2537.33 3743.82 -32.23 5302.01 9389.76 -43.53 Other Income 17.15 16.17 6.06 42.69 29.85 43.02 113.96 248.48 -54.14 PBIDT -355.71 -98.64 260.61 -631.26 -210.63 199.70 -269.44 1386.15 -119.44 Interest 472.10 341.08 38.41 1257.85 1038.94 21.07 1499.49 1401.98 6.96 PBDT -328.44 -439.72 -25.31 -1389.74 -1249.57 11.22 -1993.86 1001.56 -299.08 Depreciation 129.91 133.43 -2.64 388.26 398.54 -2.58 528.17 570.05 -7.35 PBT -458.35 -573.15 -20.03 -1778.00 -1648.11 7.88 -2522.03 431.51 -684.47 TAX -268.37 -150.84 77.92 -553.70 -337.42 64.10 -751.00 128.01 -686.67 Deferred Tax -268.37 -150.84 77.92 -487.57 -150.84 223.24 0.00 0.00 0.00 PAT -189.98 -422.31 -55.01 -1224.30 -1310.69 -6.59 -1771.03 303.50 -683.54 Equity 1188.49 1188.49 0.00 1188.49 1188.49 0.00 1188.49 1188.49 0.00 PBIDTM(%) -33.82 -11.70 189.06 -24.88 -5.63 342.21 -5.08 14.76 -134.42
The sales moved down -68.46% to Rs. 543.14 millions for the September 2018 quarter as compared to Rs. 1722.13 millions during the corresponding quarter last year.The Net Loss for the quarter ended September 2018 is Rs. -619.78 millions as compared to Net Loss of Rs. -364.65 millions of corresponding quarter ended September 2017 Operating profit Margin for the quarter ended September 2018 further decreased to -162.60% as compared to -40.01% of corresponding quarter ended September 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 543.14 1722.13 -68.46 1485.60 2900.80 -48.79 5302.01 9389.76 -43.53 Other Income 11.12 5.45 104.04 25.54 13.68 86.70 113.96 248.48 -54.14 PBIDT -162.60 -40.01 306.40 -275.55 -111.99 146.05 -269.44 1386.15 -119.44 Interest 393.44 380.80 3.32 785.75 697.86 12.59 1499.49 1401.98 6.96 PBDT -556.04 -420.81 32.14 -1061.30 -809.85 31.05 -1993.86 1001.56 -299.08 Depreciation 129.87 130.42 -0.42 258.35 265.11 -2.55 528.17 570.05 -7.35 PBT -685.91 -551.23 24.43 -1319.65 -1074.96 22.76 -2522.03 431.51 -684.47 TAX -66.13 -186.58 -64.56 -285.33 -186.58 52.93 -751.00 128.01 -686.67 Deferred Tax 0.00 0.00 0.00 -219.20 0.00 0.00 0.00 0.00 0.00 PAT -619.78 -364.65 69.97 -1034.32 -888.38 16.43 -1771.03 303.50 -683.54 Equity 1188.49 1188.49 0.00 1188.49 1188.49 0.00 1188.49 1188.49 0.00 PBIDTM(%) -29.94 -2.32 1188.56 -18.55 -3.86 380.43 -5.08 14.76 -134.42
The sales for the June 2018 quarter moved down to Rs. 942.46 millions as compared to Rs. 1178.67 millions during the year-ago period.The Net Loss for the quarter ended June 2018 is Rs. -414.54 millions as compared to Net Loss of Rs. -523.73 millions of corresponding quarter ended June 2017 Operating profit Margin for the quarter ended June 2018 further decreased to -112.95% as compared to -71.98% of corresponding quarter ended June 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 942.46 1178.67 -20.04 942.46 1178.67 -20.04 5302.01 9389.76 -43.53 Other Income 14.42 8.23 75.21 14.42 8.23 75.21 113.96 248.48 -54.14 PBIDT -112.95 -71.98 56.92 -112.95 -71.98 56.92 -269.44 1386.15 -119.44 Interest 392.31 317.06 23.73 392.31 317.06 23.73 1499.49 1401.98 6.96 PBDT -505.26 -389.04 29.87 -505.26 -389.04 29.87 -1993.86 1001.56 -299.08 Depreciation 128.48 134.69 -4.61 128.48 134.69 -4.61 528.17 570.05 -7.35 PBT -633.74 -523.73 21.01 -633.74 -523.73 21.01 -2522.03 431.51 -684.47 TAX -219.20 0.00 0.00 -219.20 0.00 0.00 -751.00 128.01 -686.67 Deferred Tax -219.20 0.00 0.00 -219.20 0.00 0.00 0.00 0.00 0.00 PAT -414.54 -523.73 -20.85 -414.54 -523.73 -20.85 -1771.03 303.50 -683.54 Equity 1188.49 1188.49 0.00 1188.49 1188.49 0.00 1188.49 1188.49 0.00 PBIDTM(%) -11.98 -6.11 96.25 -11.98 -6.11 96.25 -5.08 14.76 -134.42
The Sales for the quarter ended December 2017 of Rs. 843.02 million declined by -43.32% from Rs. 1487.36 millions.The Net Loss for the quarter ended December 2017 is Rs. -422.31 millions as compared to Net Loss of Rs. -296.72 millions of corresponding quarter ended December 2016 Operating profit Margin for the quarter ended December 2017 further decreased to -98.64% as compared to -51.35% of corresponding quarter ended December 2016 (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 843.02 1487.36 -43.32 3743.82 6545.41 -42.80 9268.60 8210.06 12.89 Other Income 16.17 43.96 -63.22 29.85 159.95 -81.34 122.78 366.75 -66.52 PBIDT -98.64 -51.35 92.09 -210.63 831.02 -125.35 1379.11 776.22 77.67 Interest 341.08 268.69 26.94 1038.94 879.49 18.13 1336.71 784.94 70.29 PBDT -439.72 -320.04 37.40 -1249.57 968.92 -228.97 1059.79 -8.72 -12253.56 Depreciation 133.43 146.40 -8.86 398.54 423.75 -5.95 895.38 743.70 20.40 PBT -573.15 -466.44 22.88 -1648.11 545.17 -402.31 164.41 -752.42 -121.85 TAX -150.84 -169.72 -11.12 -337.42 121.28 -378.22 60.01 -201.71 -129.75 Deferred Tax -150.84 -169.72 -11.12 -150.84 169.95 -188.76 0.37 -224.55 -100.16 PAT -422.31 -296.72 42.33 -1310.69 423.89 -409.21 104.39 -550.71 -118.96 Equity 1188.49 1188.49 0.00 1188.49 1188.49 0.00 1188.49 962.13 23.53 PBIDTM(%) -11.70 -3.45 238.92 -5.63 12.70 -144.31 14.88 9.45 57.38
A decrease in the sales to Rs. 1722.13 millions was observed for the quarter ended September 2017. The sales stood at Rs. 2183.91 millions during the similar quarter previous year.The Net Loss for the quarter ended September 2017 is Rs. -364.65 millions as compared to Net Loss of Rs. -135.56 millions of corresponding quarter ended September 2016Operating profit Margin for the quarter ended September 2017 slipped to -40.01% as compared to 269.70% of corresponding quarter ended September 2016 (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 1722.13 2183.91 -21.14 2900.80 5058.05 -42.65 9268.60 8210.06 12.89 Other Income 5.45 52.84 -89.69 13.68 115.99 -88.21 122.78 366.75 -66.52 PBIDT -40.01 269.70 -114.84 -111.99 882.37 -112.69 1379.11 776.22 77.67 Interest 380.80 315.64 20.64 697.86 610.80 14.25 1336.71 784.94 70.29 PBDT -420.81 -45.94 816.00 -809.85 1288.96 -162.83 1059.79 -8.72 -12253.56 Depreciation 130.42 138.29 -5.69 265.11 277.35 -4.41 895.38 743.70 20.40 PBT -551.23 -184.23 199.21 -1074.96 1011.61 -206.26 164.41 -752.42 -121.85 TAX -186.58 -48.67 283.36 -186.58 291.00 -164.12 60.01 -201.71 -129.75 Deferred Tax 0.00 0.00 0.00 0.00 339.67 0.00 0.37 -224.55 -100.16 PAT -364.65 -135.56 169.00 -888.38 720.61 -223.28 104.39 -550.71 -118.96 Equity 1188.49 1188.49 0.00 1188.49 1188.49 0.00 1188.49 962.13 23.53 PBIDTM(%) -2.32 12.35 -118.81 -3.86 17.44 -122.13 14.88 9.45 57.38
Sakthi Sugars has submitted the Shareholding Pattern for the Period Ended December 31, 2016.The above information is a part of company’s filings submitted to BSE.
Sakthi Sugars has informed that a meeting of the Board of Directors of the Company has been convened on August 12, 2016, to consider and approve Unaudited Financial Results of the Company for the quarter ended June 30, 2016. Pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and in terms of the Company’s Code of Conduct for Prevention of Insider Trading, the Trading Window will be closed with immediate effect till August 14, 2016 for Directors, Designated Persons as defined in the Code, Connected Persons and others who are in possession of or having access to unpublished price sensitive information of the Company.The above information is a part of company’s filings submitted to BSE.
With reference to the earlier letter dated March 30, 2016, informed that in compliance with the Order of the Hon’ble High Court at Madras dated December 21, 2015 on matter relating to settlement to the consenting holders of FCCB (Series B) the Company has paid 60% of the settlement amount and that the High Court has, vide its Order dated March 30, 2016, granted time till June 30, 2016 for the payment of the balance 40% of the settlement amount. Sakthi Sugars has now informed that the Company has made the balance 40% payment to the consenting Bondholders and fulfilled the Order of the High Court.The above information is a part of company’s filings submitted to BSE.
Sakthi Sugars has informed about Allotment of 22,635,757 Equity Shares on preferential basis to Asset Reconstruction Company (India). The above information is a part of company’s filings submitted to BSE.
ABT has submitted the revised disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011.The above information is a part of company’s filings submitted to BSE.