Lahoti Overseas Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Quarter and Half Year Ended September 30, 2020
November 09, 2020 at 12:18 pm
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Lahoti Overseas Limited announced unaudited standalone and consolidated earnings results for the quarter and half year ended September 30, 2020. For the quarter, on standalone basis, the company reported total revenue from operations of INR 1,104.343 million against INR 770.254 million a year ago. Total income was INR 1,121.284 million against INR 784.068 million a year ago. Profit was INR 18.422 million against INR 19.44 million a year ago. Basic and diluted earnings per share was INR 0.63 against INR 0.67 a year ago.
For the nine months, on standalone basis, the company reported total revenue from operations of INR 1,768.411 million against INR 1,813.764 million a year ago. Total income was INR 1,792.792 million against INR 1,838.076 million a year ago. Profit was INR 50.728 million against INR 44.183 million a year ago. Basic and diluted earnings per share was INR 1.74 against INR 1.51 a year ago.
For the quarter, on consolidated basis, the company reported total revenue from operations of INR 1,104.343 million against INR 770.254 million a year ago. Total income was INR 1,121.775 million against INR 784.333 million a year ago. Profit was INR 18.961 million against INR 19.701 million a year ago. Basic and diluted earnings per share was INR 0.65 against INR 0.68 a year ago.
For the nine months, on consolidated basis, the company reported total revenue from operations of INR 1,753.411 million against INR 1,813.764 million a year ago. Total income was INR 1,793.847 million against INR 1,838.403 million a year ago. Profit was INR 51.781 million against INR 44.507 million a year ago. Basic and diluted earnings per share was INR 1.78 against INR 1.53 a year ago.
Lahoti Overseas Limited is an India-based company, which is engaged in the merchant exporting and trading activity of yarn and textiles. The Company also diversified its operations in generation of power through windmills and solar panels. It operates through two segments: Trading Division, and Power Division. The Company's products include raw cotton, yarns, greige knitted & woven fabrics, denim fabrics, and BCI/organic/GRS/sustainable. The Company's raw cotton varieties includes Shankar-6 (S-6), MECH, MCU-5, BUNNY, and J-34. The Company offers a variety of yarn including 100% cotton yarns, blended yarns, synthetic ring spun yarn, filament and texturized yarns, dyed & melange yarns, bamboo yarns, flex yarns (cotton /linen), core spun yarn, recycled yarn, eli twist yarn. Its cotton yarns include compact spun yarn, combed ring spun yarn, carded ring spun yarn, open end yarns, and specialty cotton yarns (gassed & mercerized). The Companyâs wholly owned subsidiary is G Varadan Limited.
LAHOTI OVERSEAS LIMITED 
