HIL reports highest ever Q3 results
ECONOMY & POLICY

HIL reports highest ever Q3 results

HIL Limited, part of the CK Birla Group, announced the financial results for the quarter ending 31 December 2020. These have been the highest ever Q3 numbers for top line and bottom line where the company achieved 5 times growth in profit compared to the corresponding quarter in FY 2019-20.

The company saw a total net profit of Rs 52.5 crore in Q3 FY 20-21 and achieved overall revenue growth of 38% to Rs 803 crore in Q3 FY 2020-21 as against Rs 583 crore over the same period of the previous year.

Business performance highlights Q3 FY21 vs Q3 FY20:

- Consolidated EBITDA stood at Rs 106.7 crore despite strains faced due to the second wave of Covid-19 in the overseas market.
- Consolidated Profit after tax (PAT) is positive and showed a 506% increase at Rs.52.5 crore.
- Consolidated Profit before tax (PBT) stood high at Rs 73.4 crore in Q3 FY21 as against Rs 12 crore last year same quarter.

Business performance highlights YTD Dec’20 vs YTD Dec’19:

- Consolidated Revenue stood high at Rs 2,200 crore in YTD Dec’20 as against Rs 1,910 crore last year same period.
- Consolidated EBITDA stood at Rs 312.5 crore as against Rs 199.9 crore last year same period.
- Consolidated Profit after tax (PAT) is positive and showed 99% increase at Rs 151.7 crore.
- Consolidated Profit before tax (PBT) stood high at Rs 210.6 crore in YTD Dec’20 as against Rs 99.5 crore last year same period.

HIL Limited, part of the CK Birla Group, announced the financial results for the quarter ending 31 December 2020. These have been the highest ever Q3 numbers for top line and bottom line where the company achieved 5 times growth in profit compared to the corresponding quarter in FY 2019-20. The company saw a total net profit of Rs 52.5 crore in Q3 FY 20-21 and achieved overall revenue growth of 38% to Rs 803 crore in Q3 FY 2020-21 as against Rs 583 crore over the same period of the previous year. Business performance highlights Q3 FY21 vs Q3 FY20: - Consolidated EBITDA stood at Rs 106.7 crore despite strains faced due to the second wave of Covid-19 in the overseas market.- Consolidated Profit after tax (PAT) is positive and showed a 506% increase at Rs.52.5 crore.- Consolidated Profit before tax (PBT) stood high at Rs 73.4 crore in Q3 FY21 as against Rs 12 crore last year same quarter. Business performance highlights YTD Dec’20 vs YTD Dec’19:- Consolidated Revenue stood high at Rs 2,200 crore in YTD Dec’20 as against Rs 1,910 crore last year same period.- Consolidated EBITDA stood at Rs 312.5 crore as against Rs 199.9 crore last year same period.- Consolidated Profit after tax (PAT) is positive and showed 99% increase at Rs 151.7 crore.- Consolidated Profit before tax (PBT) stood high at Rs 210.6 crore in YTD Dec’20 as against Rs 99.5 crore last year same period.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement