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Condensed Consolidated Statements of Operations and Comprehensive Income/(Loss) (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Revenues    
Revenues $ 8,836,076 $ 12,220,083
Cost of revenues 4,830,606 6,871,597
Gross profit 4,005,470 5,348,486
Operating expenses    
General and administrative 5,417,196 4,574,410
Research and development 634,225 376,586
Total operating expenses 6,051,421 4,950,996
Operating income/(loss) (2,045,951) 397,490
Other income/(expense)    
Other Income/(expense) 950,988 224,325
Interest Expense (608,941) (482,522)
Total other expense, net 342,047 (258,197)
Net income/(loss) before income taxes (1,703,904) 139,293
Income tax benefit/(expense) (28,954)
Net income/(loss) (1,732,858) 139,293
Less net income/(loss) attributable to noncontrolling interest (40,247) 194,911
Net Income income/(loss) attributable to Cemtrex, Inc. shareholders (1,692,611) (55,618)
Other comprehensive income    
Foreign currency translation gain 47,481 563,727
Comprehensive income/(loss) (1,685,377) 703,020
Less comprehensive income/(loss) attributable to noncontrolling interest (30,630) 176,482
Comprehensive income/(loss) attributable to Cemtrex, Inc. shareholders $ (1,654,747) $ 526,538
Loss Per Share-Basic $ (0.09) $ (0.01)
Loss Per Share-Diluted $ (0.09) $ (0.01)
Weighted Average Number of Shares-Basic 17,842,664 4,086,609
Weighted Average Number of Shares-Diluted 17,842,664 4,086,609