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26 November, 2020 05:01 IST
Hisar Metal Industries standalone net profit falls 21% to Rs 12 mn
Source: IRIS | 20 Nov, 2020, 06.04PM
Rating: NAN / 5 stars.
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   Hisar Metal Industries, engaged in manufacturing of cold rolled stainless steel sheets and coils, reported a fall of 21.05% in standalone net profit to Rs 12 million in the quarter ended September 2020 as against Rs 15.2 million during the previous quarter ended September 2019.

The company’s total revenue dropped 21.52% to Rs 385.4 million in the quarter ended September 2020 as against Rs 491.1 million during the previous quarter ended September 2019.

Total expenses declined 20.90% to Rs 373.5 million in the quarter ended September 2020 as against Rs 472.2 million in the same quarter last fiscal.

Hisar Metal Industries EPS has decreased to Rs 2.22 in September 2020 from Rs 2.81 in September 2019.

Shares of the company declined Rs 0.8, or 1.04%, to settle  at  Rs 76.10.  The total volume of shares traded  was  3,192 at  the BSE (Friday).



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