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19 JUNE 2018 AL CIRCLE

Hind Aluminium’s net profit surges 65% in FY 2017-18

EDITED BY : HEENA IQBAL 1MINS READ

Hind Aluminium Industries Ltd., a manufacturer of aluminium alloy and electrical grade wire rods, has announced its financial results for the fourth quarter and full year ended 31st March 2018.

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The company’s net profit registered INR 1.78 crore for the quarter ended March 31, 2018, from INR 0.33 crore for the quarter ended March 31, 2017. Hind Aluminium’s net sales stood at INR 224.79 crore for the fourth quarter ended March 31, up from INR 139.10 crore in the same period last year.

EPS increased to INR 2.82 crore for the fourth quarter ended March 31, 2018, from INR 0.52 crore for the period ended March 31, 2017.

For the full year FY2017-18, net profit increased 65 per cent to INR 8.76 crore. Net profit was INR 5.31 crore in FY2016-17. For FY2017-18, net sales grew to INR 710, up 42 per cent from INR 4.99 crore registered a year ago. 


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EDITED BY : HEENA IQBAL 1MINS READ

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