Hindustan Foods Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 08, 2024 at 02:47 pm IST
Share
Hindustan Foods Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 7,291.49 million compared to INR 6,786.18 million a year ago. Revenue was INR 7,303 million compared to INR 6,796.43 million a year ago. Net income was INR 220.33 million compared to INR 170.69 million a year ago. Basic earnings per share from continuing operations was INR 1.95 compared to INR 1.51 a year ago. Diluted earnings per share from continuing operations was INR 1.94 compared to INR 1.51 a year ago.
For the nine months, sales was INR 20,237.49 million compared to INR 19,384.31 million a year ago. Revenue was INR 20,274.3 million compared to INR 19,419.46 million a year ago. Net income was INR 700.77 million compared to INR 508.92 million a year ago. Basic earnings per share from continuing operations was INR 6.22 compared to INR 4.51 a year ago. Diluted earnings per share from continuing operations was INR 6.2 compared to INR 4.51 a year ago.
Hindustan Foods Limited is an India-based company that is primarily engaged in the business of contract manufacturing of fast-moving consumer goods (FMCG) products comprising primarily of home care, personal care, foods, and refreshments, packing of tea and job working of shoes. Its product categories include food and beverages, home care, beauty and personal care, health and wellness, pest control, and leather, sportswear, and accessories. Its food and beverages include breakfast cereals and snacks, spices, instant porridges, carbonated soft drinks, active water, and energy drinks, among others. Its home care includes surface cleaner, glass cleaner, toilet cleaner, liquid detergent, and powder detergent, among others. Its beauty and personal care include hair care, toiletries, skin care and baby care. Its health and wellness consist of oral liquids, allopathic tablets, digestive remedies, and others. Its pest control consists of aerosols, coils, and mosquito mats, among others.