Tinna Trade Limited Announces Unaudited Standalone and Consolidated Financial Results for the Second Quarter and Half Year Ended September 30, 2020
November 07, 2020 at 11:24 pm IST
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Tinna Trade Limited announced unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2020. On Standalone basis, for the quarter, the company reported total income of INR 675.414 million as compared to INR 944.504 million a year ago. Net loss for the period was INR 10.596 million as compared to INR 22.618 million a year ago. Basic and diluted loss per share was INR 1.24 as compared to INR 2.64 a year ago.
On Standalone basis, for the half year, the company reported total income of INR 1,001.418 million as compared to INR 1,768.536 million a year ago. Net loss for the period was INR 18.333 million as compared to INR 22.581 million a year ago. Basic and diluted loss per share was INR 2.14 as compared to INR 2.63 a year ago.
On consolidated basis, for the quarter, the company reported total income of INR 693.767 million as compared to INR 953.437 million a year ago. Net loss for the period was INR 8.963 million as compared to INR 18.702 million a year ago. Basic and diluted loss per share was INR 1.13 as compared to INR 2.41 a year ago.
On consolidated basis, for the half year, the company reported total income of INR 1,028.890 million as compared to INR 1,788.611 million a year ago. Net loss for the period was INR 14.226 million as compared to INR 15.140 million a year ago. Basic and diluted loss per share was INR 1.89 as compared to INR 2.19 a year ago.
Tinna Trade Limited is an India-based company, which is engaged in bringing agricultural products directly from producers to end users. The Company is primarily involved in the trading of agricultural and non-agricultural products. The Company operates through two segments: Agro Commodities and Steel Abrasives. It deals majorly in pulses, including yellow peas, green peas, chickpeas, lentils, kaspa peas, and toor; grains, including wheat, maize, millet, and barley; oil seeds and edible oil, including mustard, soybean, soyabean oil, palm oil and other; protein, including soya bean meal, sunflower meal/pellets and; steel abrasives, including steel shots, steel cut wire shots, steel wire scrap/bead wire, and steel grit.
TINNA TRADE LIMITED 
