24 FEBRUARY 2021AlCircle.com
Hind Aluminium reports 84% drop in net sales in the December 2020 quarter
Edited by : Heena Iqbal
1 min read
Hind Aluminium Industries Limited, a manufacturer of aluminium & alloy conductors and aluminium wire rods for use in power transmission and distribution applications, published financial results for the quarter ended December 2020.
The company reported net sales of INR 13.67 crore in the quarter ended December 2020, a drop of 83.82% year-on-year. Hind Aluminium had reported net sales of INR 84.48 crore during the previous quarter ended December 2019.
Net loss was INR 2.74 crore in the quarter ended December 2020 as against net loss of INR 0.47 crore during the previous quarter ended December 2019. EBITDA declined to stand at INR 1.41 crore in December 2020.
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