HSIL Ltd Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2011
January 30, 2012 at 01:34 pm
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HSIL Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported net profit of INR 258.5 million or INR 3.91 basic and diluted earnings per share on net sales of INR 3,374.1 million compared to net profit of INR 275.8 million or INR 4.21 basic and diluted earnings per share on net sales of INR 2,768.8 million for the same period a year ago. Profit from ordinary activities before tax was INR 383.3 million compared to INR 407.4 million for the same period a year ago. Operating profit was INR 649.1 million compared to INR 628.8 million for the same period a year ago.
For nine months, the company reported net profit of INR 773.7 million or INR 11.71 basic and diluted earnings per share on net sales of INR 9,388 million compared to net profit of INR 550.4 million or INR 9.41 basic and diluted earnings per share on net sales of INR 7,082.7 million for the same period a year ago. Profit from ordinary activities before tax was INR 1,133 million compared to INR 807.4 million for the same period a year ago. Operating profit was INR 1,837 million compared to INR 1,483.9 million for the same period a year ago.
AGI Greenpac Limited is an India-based packaging products company. The Company's business segments include Packaging Product Division, Investment Property and Others. The Packaging Product Division segment is engaged in the manufacturing and marketing of various packaging products, including containers and specialty glass, polyethylene terephthalate (PET) bottles and products, and security caps and closures. The Investment Property segment consists of land and buildings owned by the Company and given on lease. The Others segment includes wind power generation and other activities. It manufactures glass containers and specialty glass under the brand AGI Glaspac. The Company conducts PET bottles and products business under the brand, AGI Plastek. It is engaged in the production of security caps and closures under the brand, AGI Clozures. It serves various industries such as food, pharmaceuticals, soft drinks, alco-beverages, personal care, agro-chemicals and dairy industry.