HSIL Ltd reports net profit of Rs. 33.02 crore in Q4FY21

HSIL LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.638.22 crores during the period ended March 31, 2021 as compared to Rs.547.59 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.33.02 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.35.92 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.4.77 for the period ended March 31, 2021 as compared to Rs.5.08 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 638.22 crs	₹ 547.59 crs	16.55%
Net Profit	₹ 33.02 crs	₹ 35.92 crs	-8.07%
EPS	₹ 4.77	₹ 5.08	-6.1%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.638.22 crores during the period ended March 31, 2021 as compared to Rs.468.13 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.33.02 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.3.38 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.4.77 for the period ended March 31, 2021 as compared to Rs.0.47 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 638.22 crs	₹ 468.13 crs	36.33%
Net Profit	₹ 33.02 crs	₹ 3.38 crs	876.92%
EPS	₹ 4.77	₹ 0.47	914.89%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.1880.55 crores during the 12 months period ended March 31, 2021 as compared to Rs.1879.37 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.88.06 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.48.42 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.12.71 for the 12 months period ended March 31, 2021 as compared to Rs.6.69 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 1880.55 crs	₹ 1879.37 crs	0.06%
Net Profit	₹ 88.06 crs	₹ 48.42 crs	81.87%
EPS	₹ 12.71	₹6.69	89.99%

Commenting on the quarterly results, Mr. Sandip Somany, Vice Chairman and Managing Director, HSIL Limited said, "Despite nation-wide lockdown at the beginning of the year, I am pleased with our Q4 FY2021 performance and have closed an otherwise challenging year on a strong note. The sales and profit growth also reflects the resilience of our business model. During the year, we focused on our costs and efficiencies to deliver a robust performance on a quarter-on-quarter basis. The improvement in margins over the last year clearly demonstrates our abilities to work and deliver under uncertain times. For our future growth, we are investing in a greenfield project for specialty glass packaging and increasing our plastic pipes and fittings plant capacity. With a clear strategic direction, HSIL is well positioned to drive profitable growth in the coming years and create value for all stakeholders."

Shares of HSIL LTD. was last trading in BSE at Rs.173.3 as compared to the previous close of Rs. 175.2. The total number of shares traded during the day was 85622 in over 2272 trades.

The stock hit an intraday high of Rs. 184.45 and intraday low of 168.5. The net turnover during the day was Rs. 14990521.

Source : Equity Bulls

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