Q2 FY21 Results : Shakti Pumps achieves 178% growth in domestic trade
Read Time:1 Minute, 27 Second
- 33% increase in exports
- Consolidated PAT surges to Rs. 15.24 crore
Mumbai: SHAKTI PUMPS (INDIA) LTD has reported financial results for the period ended September 30, 2020.
Financial Results (Q2 FY20-21) – QoQ Comparison
| Financials | Q2 FY20-21 | Q1 FY20-21 | % Change | |
| Total Income | 201.74 crs |
|
116.34% | |
| Net Profit | 15.24 crs |
|
360.42% | |
| EPS | 8.29 |
|
360.56% |
The company has reported total income of Rs.201.74 crores during the period ended September 30, 2020 as compared to Rs. 93.25 crores during the period ended June 30, 2020.
The company has posted net profit of Rs. 15.24 crores for the period ended September 30, 2020 as against net profit of Rs.3.31 crores for the period ended June 30, 2020.
The company has reported EPS of Rs. 8.29 for the period ended September 30, 2020 as compared to Rs. 1.80 for the period ended June 30, 2020.
Talking about these encouraging results, Mr. Dinesh Patidar, Chairman and Managing Director, Shakti Pumps (India) Limited said – “It is because of the untiring efforts of the management and team at Shakti Pumps, that has helped us lead the way in solar pumps manufacturing in the last quarter. We were also able to achieve an increase in agribusiness and exports. Our expertise, technology, confidence of our customer, policies of state and central government and the search for growth opportunities have made it easier to reach our targets. We are confident that along with exports, the demand for various rural and solar energy schemes will continue to grow. We have always given importance to research and development and will continue to invest in this department even further.”
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
0
0
8 thoughts on “Q2 FY21 Results : Shakti Pumps achieves 178% growth in domestic trade”
Leave a Reply
More Stories
JFL Life Sciences Limited files Prospectus with NSE EMERGE
New Delhi (India), August 18: JFL Life Sciences Limited, engaged in the business of manufacturing pharmaceutical products having an experience...
Gujarat based Rhetan TMT’s Rs. 56 crore public issue on BSE SME platform opens for subscription on August 22
Mr. Shalin Shah, Managing Director, Rhetan TMT Ltd Company to issue 80 lakh Equity shares of Rs. 10 face value...
Business Mint has announced the Winners of the Nationwide Pharma Marketing Excellence Awards 2022
New Delhi (India), August 18: The Nationwide Pharma Marketing Excellence Awards 2022 honour the creativity and commitment of individual people...
Jio invited all of India for an online flag hoisting
This Independence Day, Jio Connected the Largest Democracy in the World as One Mumbai (Maharashtra) [India], August 18: This year marked...
Commercial real estate shines bright in Indore as the stock market goes under shifts
Indore (Madhya Pradesh) [India], August 18: Indore is in the limelight for its lively vibe and commercial growth. This has...
Samaara Tea to enhance product offerings, expand in newer markets
CEO Dheer Vijay Shah has set his sights on taking the premium speciality tea brand to the next level. Surat,...
I am in fact thankful to the owner of this site who has shared this great article at at this place.
It is appropriate time to make some plans for
the future and it is time to be happy. I have read this post and if I could I wish to suggest you some interesting
things or advice. Maybe you can write next articles referring to this article.
I want to read more things about it!
I’m extremely impressed with your writing skills as well as with the layout on your weblog.
Is this a paid theme or did you modify it yourself?
Anyway keep up the nice quality writing, it’s rare to see a great
blog like this one these days.
We’re a bunch of volunteers and starting a new scheme in our
community. Your site offered us with useful info to work on. You’ve performed a formidable job
and our entire neighborhood will likely be thankful to you.
I was suggested this website by my cousin. I’m not sure whether this post is written by
him as no one else know such detailed about my trouble.
You’re incredible! Thanks!
Hi there, just wanted to tell you, I liked this blog post.
It was helpful. Keep on posting!
Hey there, You have done a great job. I will definitely digg it and personally recommend to my friends.
I’m confident they will be benefited from this web site.
This is very interesting, You are an excessively skilled blogger.
I have joined your feed and stay up for in quest of more of your great post.
Also, I’ve shared your web site in my social networks