HSIL Reports 6.27% Drop In Q3 Net Profit (31-Jan-2012)
Hindustan Sanitaryware & Industries (HSIL) has reported a fall of 6.27% in its net profit to Rs 25.85 crore for the third quarter ended December 31, 2011, due to high input cost and rupee depreciation. The company had posted a net profit of Rs 27.58 crore for the corresponding period of previous fiscal.
The net sales of the company, however, rose to Rs 337.41 crore for the third quarter, compared to Rs 276.88 crore in the same period previous fiscal, up by 21.86%.
HSIL, a sanitary ware and bathroom equipment maker was incorporated as Hindustan Twyfords. The products of the company include - Sanitaryware, Faucets, Wellness Product and Kitchen Appliances.
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