HIL Limited Reports Unaudited Financial Results for the Quarter and Nine Months Ended December 31, 2017
January 24, 2018 at 08:57 am
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HIL Limited reported unaudited financial results for the quarter and nine months ended December 31, 2017. For the quarter, total income was INR 2,847.5 million against INR 2,490.8 million a year ago. Profit before exceptional items and tax was INR 194.9 million against INR 115.4 million a year ago. Profit before tax was INR 194.9 million against INR 96.6 million a year ago. Profit for the period was INR 142.8 million against INR 79.8 million a year ago. Basic and diluted earnings per share were INR 19.14 against INR 10.69 a year ago.
For the quarter, total income was INR 10,051.4 million against INR 9,593.4 million a year ago. Profit before exceptional items and tax was INR 899.3 million against INR 729.2 million a year ago. Profit before tax was INR 899.3 million against INR 660.4 million a year ago. Profit for the period was INR 605.8 million against INR 481.1 million a year ago. Basic and diluted earnings per share were INR 81.18 against INR 64.47 a year ago.
HIL Limited is engaged in providing home and building solutions. It operates through four segments: Roofing Solutions, Building Solutions, Polymer Solutions, Flooring Solutions, and Others. Roofing Solutions segment provides fiber cement sheets, colored steel sheets, and cement based non-asbestos corrugated sheets under the Charminar and Charminar Fortune brands. Building Solutions segment offers wet walling and dry walling solutions, including autoclaved aerated concrete blocks, panels, fiber cement boards, tile adhesives, and primers under the Birla Aerocon brand. Polymer Solutions segment offers unplasticized polyvinyl chloride (UPVC), chlorinated polyvinyl chloride (CPVC), column pipes under the Birla HIL Pipes brand, and wall putty under the Birla HIL Putty brand. Flooring Solutions segment provides laminate, engineered and resilient flooring, and related accessories under the Parador brand. Others segments include material handling and processing plant and equipment.