Hyderabad Industries Limited manufactures and markets building and thermal insulation products in India and internationally. It provides a range of roofing sheets, including accessories and molded goods, fiber cement corrugated sheets, metal roofing sheets, and PVA fiber cement corrugated sheets; ceiling products comprising AC flat sheets and fiber cement flat boards, as well as green building panels, C-board, and ceiling tiles; and walls products consisting of AC flat sheets, fiber cement flat boards, and green building blocks and panels. The company also offers partitions, such as flex-o-boards, fiber cement flat boards, and green building panels; doors comprising flex-o-boards and fiber cement flat boards; pre-fabricated structures; and autoclaved aerated concrete blocks and Aerocon panels. In addition, it provides mezzanine flooring, and building design support and scheduling services; and manufactures and markets calcium silicate insulating materials used in cement, fertilizers, and power sector in the kilns, furnaces, and boilers. The company offers its products primarily under the CHARMINAR, Aerocon, and HYSIL brand names. Hyderabad Industries Limited was incorporated in 1946 and is based in Hyderabad, India. Hyderabad Industries Limited Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended September 30, 2011
Hyderabad Industries Limited reported unaudited earnings results for the second quarter and six months ended September 30, 2011. For the quarter, the company reported profit from operations before other income, interest, exceptional items and taxes of INR 90.6 million, net profit of INR 75.9 million or INR 10.17 per basic and diluted share on net sales of INR 1,668.8 million compared to profit from operations before other income, interest, exceptional items and taxes of INR 90.7 million, net profit of INR 60.1 million or INR 8.06 per basic and diluted share on net sales of INR 1,471.7 million for the same period last year. Profit from ordinary activities before tax was INR 103.8 million compared to INR 90.1 million a year ago. For the six months, the company reported profit from operations before other income, interest, exceptional items and taxes of INR 453.9 million, net profit of INR 324.3 million or INR 43.46 per basic and diluted share on net sales of INR 4,151.2 million compared to profit from operations before other income, interest, exceptional items and taxes of INR 501.5 million, net profit of INR 337.2 million or INR 45.19 per basic and diluted share on net sales of 3,637.7 million for the same period last year. Profit from ordinary activities before tax was INR 464.3 million compared to INR 500.6 million a year ago.
