HSIL

01 Aug 2015 CW Team

¨Despite a tough environment, HSIL managed to keep its head above water.¨
- Sandip Somany, JMD, HSIL Ltd

The leading sanitaryware player in India and the second largest in ´container glass´ in the South, HSIL Ltd has a rich, 55-year legacy of serving the Indian consumer with innovation-driven products. From being the first to introduce vitreous China sanitaryware products in the country, the company´s honour roll gets longer by the year. -ôFY14-15 presented a tough economic and business environment, but HSIL as a company managed to keep its head above water,¨ says Sandip Somany, Joint Managing Director, HSIL Ltd. ¨Three steps undertaken by us were crucial to our growth.¨

The first step was the completion of the qualified institutional placement (QIP), raising Rs 250 crore, which reduced total debt by a quarter and strengthened the company to undertake the next phase of growth with a five-year horizon. The second was the establishment of Rs 120-crore Greenfield faucet plant with robotic technology in Kaharani, Rajasthan, with the capacity to manufacture 2.5 million pieces a year. And the third is celebrity endorsement to capture consumer attention - the company has signed on Bollywood A-listers for the first time, with Shah Rukh Khan endorsing premier brand hindware Italian Collection and Jacqueline Fernandez for luxury brand Queo. HSIL hopes to reap the benefits of these steps as it gears up for the future.

Particulars	Net sales	PBDIT	Net profit
*FY15 (Rs.crore)	1,937.3	336.1	85.4
Growth % over FY14	6.2	30.7	151.4
*Consolidated fi gures

Infrastructure Transport

17 Oct 2025

IRFC Posts Record Profit as Diversification Boosts Growth

Indian Railway Finance Corporation (IRFC), a Navratna CPSE under the Ministry of Railways, has reported its highest-ever profit after tax (PAT) driven by strategic diversification and improved margins. For the quarter ended 30 September 2025, IRFC posted a PAT of Rs 17,769.8 million, a 10.19 per cent increase from Rs 16,126.5 million in the same quarter last year. For the half-year, PAT rose 10.45 per cent year-on-year to Rs 35,226.7 million. Total income stood at Rs 63,719.1 million for Q2 and Rs 132,901.5 million for the half-year, supported by effective liability management and steady asse..

KMEW to launch River Pearl Cruise linking Statue of Unity & Omkareshwar

Knowledge Marine & Engineering Works Limited (KMEW) has received a Letter of Acceptance (LoA) from the Madhya Pradesh Tourism Board (MPTB) to build and operate a luxury cruise between Kukshi in Madhya Pradesh and the Statue of Unity in Gujarat along the Narmada River. The 20-year project covers a 135-km stretch and marks KMEW’s official entry into India’s maritime tourism sector. The LoA was formally presented at the Madhya Pradesh Travel Mart 2025 by Hon’ble Union Minister of Culture Gajendra Singh Shekhawat, Chief Minister Dr. Mohan Yadav, and Minister of State for Tourism Dharmen..

Hyundai to Invest Rs 45,000 Mn In India by FY2030

Hyundai Motor India Limited (HMIL) has unveiled an ambitious roadmap to invest Rs 45,000 million by FY2030, aiming to position India as its second-largest region globally and a key export hub. The plan, announced at the company’s first-ever Investor Day, focuses on India-centric product expansion, electrification, and localisation. The automaker plans to launch 26 models by FY2030, including seven all-new nameplates and entries into the MPV and off-road SUV segments. Hyundai will also introduce India’s first locally manufactured dedicated electric SUV by 2027 and bring its global luxury b..