HSIL puts up muted performance in Q3FY17
Bhagyashree Vivarekar / 02 Feb 2017
HSIL Ltd. declared its results for the quarter ended December 31, 2016, today. The company's total sales for Q3FY17 were Rs 519.42 crore, which represent a 1.83 per cent sequential increase and 1.35 per cent YoY decline.
HSIL Ltd. declared its results for the quarter ended December 31, 2016, today. The company's total sales for Q3FY17 were Rs 519.42 crore, which represent a 1.83 per cent sequential increase and 1.35 per cent YoY decline.
Its operating profit (EBIT) for the quarter was Rs 45.05 crore and its EBIT margin was 8.67 per cent.
The company reported PAT of Rs 26.51 crore represents a sequential QoQ decline of 15.81 per cent and a YoY decline of 33.59 per cent.
The company's stock opened at Rs 295 on the BSE, went up 0.4 per cent and closed at Rs 294.05.
HSIL operates in the ceramic sanitaryware industry. The company operates in three segments, viz. building products, container glass and others. The company offers a diverse portfolio of bathroom and kitchen products and has presence in the container glass domain in India, catering to the packaging requirement for beverages, beer, liquor, pharmaceuticals and food segments
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.