HOV Services - Quarterly Results
6th Nov 2020
The sales declined to Rs. 23.53 millions for the September 2020 quarter as compared to Rs. 26.52 millions during the corresponding quarter last year.The Net Loss for the quarter ended September 2020 is Rs. -226.54 millions as compared to Net Profit of Rs. 4.81 millions of corresponding quarter ended September 2019The Operating Profit of the company witnessed a decrease to 5.62 millions from 8.39 millions.
| | Quarter ended | Year to Date | Year ended |
| | 202009 | 201909 | % Var | 202009 | 201909 | % Var | 202003 | 201903 | % Var |
| Sales | 23.53 | 26.52 | -11.27 | 48.29 | 54.05 | -10.66 | 109.72 | 105.44 | 4.06 |
| Other Income | 2.40 | 2.90 | -17.24 | 4.59 | 4.86 | -5.56 | 12.20 | 9.32 | 30.90 |
| PBIDT | 5.62 | 8.39 | -33.02 | 14.99 | 14.97 | 0.13 | 35.15 | 18.85 | 86.47 |
| Interest | 0.43 | 0.42 | 2.38 | 0.88 | 0.87 | 1.15 | 1.64 | 0.00 | 0.00 |
| PBDT | -224.11 | 7.97 | -2911.92 | 236.04 | 14.10 | 1574.04 | -573.35 | 18.85 | -3141.64 |
| Depreciation | 1.54 | 1.39 | 10.79 | 3.13 | 2.78 | 12.59 | 5.54 | 0.85 | 551.76 |
| PBT | -225.65 | 6.58 | -3529.33 | 232.91 | 11.32 | 1957.51 | -578.89 | 18.00 | -3316.06 |
| TAX | 0.89 | 1.77 | -49.72 | 3.34 | 3.17 | 5.36 | 8.15 | 5.15 | 58.25 |
| Deferred Tax | -0.19 | -0.10 | 90.00 | 0.12 | -0.11 | -209.09 | 0.07 | 0.06 | 16.67 |
| PAT | -226.54 | 4.81 | -4809.77 | 229.57 | 8.15 | 2716.81 | -587.04 | 12.85 | -4668.40 |
| Equity | 125.89 | 125.89 | 0.00 | 125.89 | 125.89 | 0.00 | 125.89 | 125.89 | 0.00 |
| PBIDTM(%) | 23.88 | 31.64 | -24.50 | 31.04 | 27.70 | 12.08 | 32.04 | 17.88 | 79.20 |