Somany Home Innovations Ltd. (SHIL) is a newly created Corporate Entity which was demerged from HSIL Limited, vastly recognised by its Brand Hindware, a leading name in the Indian market. SHIL is focused on servicing end-consumers in the market and is involved in branding, marketing, sales, distribution, trading, service etc. of Consumer Appliances under the Brand name ‘Hindware’, ‘Moonbow’ and Furniture Retail Business under the Brand name ‘Evok’.
Financial Results:
Hindware Home Innovation Ltd reported Revenues for Q3FY24 of ₹692.93 Crores down from ₹712.53 Crore year on year, a fall of 2.75%.
Total Expenses for Q3FY24 of ₹697.17 Crores down from ₹709.96 Crores year on year, a fall of 1.8%.
Consolidated Net Profit of ₹4.53 Crores down 41.77% from ₹7.78 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.63, down 41.67% from ₹1.08 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.