HSIL Ltd’ net profit nosedives 90 percent to Rs 3.38 cr for Q4FY20

New Delhi: HSIL Ltd’ net profit nosedived over 90 percent to Rs 3.38 crore for the fourth ended 31 March 2020 as against Rs 33.53 crore in the same quarter of the previous fiscal.

The revenue from operation of the company fell marginally to Rs 461.03 crore for the fourth quarter ended 31 March 2020 as compared to 471 crore in the same quarter of the previous fiscal.

For the entire fiscal 2019-20, the net profit jumped over three-fold to Rs 48.42 crore as against a net profit of Rs 15.27 crore in the previous fiscal.

For the entire fiscal 2019-20, the revenues from operations of the company jumped to Rs 1,859 crore as against Rs 1,604 crore in the previous fiscal, the company said in a regulatory filing.

 

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