HIL reports 41% rise in Q1 net profit

BirlaNu Ltd. | Cement & Construction Materials | Construction & Infrastructure | BSE: 509675 | NSE: BIRLANU

06 Aug 2018 Evaluate

HIL has reported results for first quarter ended June 30, 2018.

The company has reported 41.14% rise in its net profit at Rs 52.04 crore for the quarter under review as compared to Rs 36.87 crore for the same quarter in the previous year. Total income of the company increased by 10.24% at Rs 501.24 crore for Q1FY19 as compared Rs 454.68 crore for the corresponding quarter previous year.

HIL is a leading player in asbestos cement sheet (ACS) for roofing, from which it derives 70 per cent of its revenue at present.

Peers

Company Name	CMP
Ultratech Cement	11156.75
Ambuja Cements	387.55
ACC	1238.50
Shree Cement	22555.45
Dalmia Bharat	1729.00
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