Business Associates

Financial results for the year 2020-21

Summarized financial results for the year 2020-21 in comparison to the results for the year 2019-20 are as follows

Particulars 2020-21 (Figure in lakhs of Rs.) 2019-20(Figure in lakhs of Rs.)
Sales & Allied Receipts 1,97,887.62 90,098.30
Gross Margin 1,378.02 737.83
Other Income 132.93  451.24
Income relating to earlier year 0.00 0.00
Total Income for the year 1,510.95 1,189.07
% of Gross Margin to Sales 0.70% 0.82%
% of Total Income to Sales 0.76% 1.32%

Expenses

Establishment Expenses 95.38 84.13
Administrative & Other Expenses 469.79 432.26
Finance Charges 177.38 275.10
Selling & Distribution Expenses 20.96 175.82
Depreciation 8.65 7.82
Total Expenses for the year 772.16 975.13
Profit/(Loss) for the year before Taxation 738.79 213.94
Less provision for Tax 260.00 70.60
Net Profit / (Loss) 478.79 143.34

 

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