Hindustan Foods Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 08, 2023 at 05:33 am
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Hindustan Foods Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 6,753.51 million compared to INR 6,617.9 million a year ago. Revenue was INR 6,769.74 million compared to INR 6,637.11 million a year ago. Net income was INR 246.73 million compared to INR 189.32 million a year ago. Basic earnings per share from continuing operations was INR 2.19 compared to INR 1.68 a year ago. Diluted earnings per share from continuing operations was INR 2.19 compared to INR 1.68 a year ago.
For the six months, sales was INR 12,946 million compared to INR 12,598.13 million a year ago. Revenue was INR 12,971.3 million compared to INR 12,623.03 million a year ago. Net income was INR 480.44 million compared to INR 338.23 million a year ago. Basic earnings per share from continuing operations was INR 4.26 compared to INR 3 a year ago. Diluted earnings per share from continuing operations was INR 4.26 compared to INR 3 a year ago.
Hindustan Foods Limited is an India-based company that is primarily engaged in the business of contract manufacturing of fast-moving consumer goods (FMCG) products comprising primarily of home care, personal care, foods, and refreshments, packing of tea and job working of shoes. Its product categories include food and beverages, home care, beauty and personal care, health and wellness, pest control, and leather, sportswear, and accessories. Its food and beverages include breakfast cereals and snacks, spices, instant porridges, carbonated soft drinks, active water, and energy drinks, among others. Its home care includes surface cleaner, glass cleaner, toilet cleaner, liquid detergent, and powder detergent, among others. Its beauty and personal care include hair care, toiletries, skin care and baby care. Its health and wellness consist of oral liquids, allopathic tablets, digestive remedies, and others. Its pest control consists of aerosols, coils, and mosquito mats, among others.