HSIL’s Net Profit Drops 38% For Q3FY20

New Delhi: Sanitary ware maker HSIL’s net profit dropped 38 percent to Rs 15.70 crore in the third quarter of the current fiscal as compared to Rs 25.50 crore in the same quarter if the previous fiscal. 

The revenue from operations dropped around 33 percent to Rs 489.11 crore for the third quarter of the current fiscal as against Rs 735.72 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing.