Hyderabad Industries reports 60% jump in Q3 net profit

24 Jan 2012 Evaluate

Hyderabad Industries has reported results for its third quarter ended December 31, 2011.

The company has posted a 59.50% surge in its net profit to Rs 10.16 crore for the quarter ended December 31, 2011 as compared to Rs 6.37 crore for the same quarter in the previous year. Total income has increased by 14.59% from Rs 168.87 crore in Q3FY11 to Rs 193.51 crore in the quarter under review.

Hyderabad Industries (HIL) is a flagship company of the C.K.Birla group of companies. HIL has led the cement industry for well over five decades. Today HIL is a multi product, multi location organization with a formidable network of branches, depots, stockists and personnel spread all over India.

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