HIL Ltd’s net profit dips to Rs 22.87 cr for Q4FY20
New Delhi: CK Birla Group company HIL Ltd’s consolidated net profit dipped about 15 percent to Rs 22.87 crore for the fourth quarter of the 2019-20 fiscal against a net profit of Rs 26.14 crore in the same quarter of the previous fiscal. The consolidated revenue from operations of the company fell marginally to Rs 645.18 crore in the fourth quarter of 2019-20 fiscal as compared to Rs 666.50 crore in the corresponding quarter of the previous fiscal.
The consolidated net profit of the company for the entire fiscal 2019-20 increased marginally to Rs 98.98 crore as compared to Rs 95.08 crore in the previous fiscal. The revenue from operations for the entire 2019-20 fiscal jumped by about 20 percent to Rs 2,554.91 crore as compared to Rs 2,168.79 crore in the previous financial year, the company said in a regulatory filing.