Top Story

e4m_logo.png

Home >> Marketing >> Article

HSIL Q3 Net Profit up by 21.98% to Rs 36.95 crore

06-February-2016
Font Size   16
Share
HSIL Q3 Net Profit up by 21.98% to Rs 36.95 crore

HSIL Limited has announced its Q3 FY15 results. As per the results, PBT grew by 32.06 per cent to Rs 57.79 crore from Rs 43.76 crore in Q3 FY 14-15, while Net Profit increased by 21.98 per cent to Rs.36.95 crore from Rs 30.29 in the corresponding period last fiscal.

Net Sales grew by 7.72 per cent to Rs 490.68 crore from Rs 455.49 crore in Q3 FY 14-15 and Gross Sales were up 6.71 per cent to Rs 528.49 crore from Rs 495.23 crore last fiscal. 

Speaking about the results, Sandip Somany, Joint Managing Director, HSIL Ltd. said, “Design innovation’ and ‘technological advancement’ are the two platforms on which bathrooms of the future will operate. Emerging innovations are focused on getting the bathroom space cleaner, more water efficient and tailor made. We at HSIL are in sync with this trend.  With time our assessment of changing consumer preferences is vastly enriched and our consumer products has been well accepted in the market.  This knowledge helped us tide though market volatilities over the year and the company’s performance this quarter validates it. A 17% growth in our core business, the Building Products Division reflects that our strategy is working.  We will continue to offer innovative solutions and manage our resources with prudence to touch the next level of product-process innovation.”

NewsCode, a hyper local online news platform was launched last night with a network of over 350 local reporters in Karnataka and Jharkhand. Apurv Swarup, the co-founder talked to Exchange4Media about his vision

Innovation and connecting with customers in all ways possible is their mantra for successful marketing communication

Bixler revealed that the likes of The Ministry of Tourism, The Art of Living and The Indian Debating Union have partnered with the festival that will be showcasing the culture and diversity of India

In conversation with exchange4media, Vighnesh Shahane, CEO, IDBI Federal Life Insurance, spoke about his vision for this new marketing initiative, how the brand’s marketing efforts through sports have helped them and his business goals for 2018

Times Network renews contracts with all its primetime sponsors for all its news channels and adds 20 new brands to its kitty

Innovation and connecting with customers in all ways possible is their mantra for successful marketing communication

Bixler revealed that the likes of The Ministry of Tourism, The Art of Living and The Indian Debating Union have partnered with the festival that will be showcasing the culture and diversity of India