{"id":160251,"date":"2024-03-28T09:05:05","date_gmt":"2024-03-28T13:05:05","guid":{"rendered":"https:\/\/44.250.171.167\/?p=160251"},"modified":"2024-03-28T09:05:07","modified_gmt":"2024-03-28T13:05:07","slug":"hindware-home-innovation-ltd-q3fy24-42-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/hindware-home-innovation-ltd-q3fy24-42-fall-in-profits\/","title":{"rendered":"Hindware Home Innovation Ltd Q3FY24; 42% fall in Profits"},"content":{"rendered":"\n<p>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 \u2018Hindware\u2019, \u2018Moonbow\u2019 and Furniture Retail Business under the Brand name \u2018Evok\u2019.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>Hindware Home Innovation Ltd reported Revenues for Q3FY24 of \u20b9692.93 Crores down from \u20b9712.53 Crore year on year, a fall of 2.75%.<\/p>\n\n\n\n<p>Total Expenses for Q3FY24 of \u20b9697.17 Crores down from \u20b9709.96 Crores year on year, a fall of 1.8%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b94.53 Crores down 41.77% from \u20b97.78 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.63, down 41.67% from \u20b91.08 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-271-839x1024.png\" alt=\"\" class=\"wp-image-160257\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-271-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-271-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-271-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-271-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-271.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/dashboard\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/ASAI-Product-2-2.gif\" alt=\"\" class=\"wp-image-160192\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":160257,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[13572],"class_list":["post-160251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-consumer-appliance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-271.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152822,"url":"https:\/\/alphastreet.com\/india\/hindware-home-innovation-ltd-q1fy24-94-fall-in-profits\/","url_meta":{"origin":160251,"position":0},"title":"Hindware Home Innovation Ltd Q1FY24; 94% fall in Profits","author":"Hardik Bhandare","date":"August 11, 2023","format":false,"excerpt":"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.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-715.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-715.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-715.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-715.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-715.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-715.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":164796,"url":"https:\/\/alphastreet.com\/india\/hindware-home-innovation-ltd-q1fy25-4-fall-in-revenue\/","url_meta":{"origin":160251,"position":1},"title":"Hindware Home Innovation Ltd Q1FY25; 4% fall in Revenue","author":"Divyansh_Kasana","date":"October 10, 2024","format":false,"excerpt":"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.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-60.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-60.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-60.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-60.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-60.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-60.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":162776,"url":"https:\/\/alphastreet.com\/india\/hindware-home-innovation-ltd-q4fy24-88-fall-in-profits\/","url_meta":{"origin":160251,"position":2},"title":"Hindware Home Innovation Ltd Q4FY24; 88% fall in Profits","author":"Divyansh_Kasana","date":"July 5, 2024","format":false,"excerpt":"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.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-42.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-42.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-42.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-42.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-42.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-42.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":180680,"url":"https:\/\/alphastreet.com\/india\/hindware-home-innovation-ltd-announces-unaudited-standalone-and-consolidated-financial-results-for-3q-and-9m-2025\/","url_meta":{"origin":160251,"position":3},"title":"Hindware Home Innovation Ltd. Announces Unaudited Standalone and Consolidated Financial Results for 3Q and 9M 2025","author":"Staff Correspondent","date":"February 13, 2026","format":false,"excerpt":"About Hindware Home Innovation Ltd. Hindware Home Innovation Ltd. (NSE: HINDWAREAP) is a major Indian consumer appliances and building products company, headquartered in Gurugram, Haryana. Formerly known as Somany Home Innovation Limited, it was incorporated in 2017 and adopted its current name in May 2022 to leverage the strength of\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":147223,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-hindware-home-innovation-limited-for-q4-fy23\/","url_meta":{"origin":160251,"position":4},"title":"Earnings Summary Of Hindware Home Innovation Limited For Q4 FY23","author":"Hardik Bhandare","date":"May 24, 2023","format":false,"excerpt":"Hindware Home Innovation Limited is a leading player in the home improvement and building products industry in India. The company operates under the flagship brand Hindware and offers a diverse range of products and solutions for the residential and commercial segments. The company's product portfolio includes sanitary ware, faucets, showers,\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-9-3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-9-3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-9-3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-9-3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-9-3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-9-3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159815,"url":"https:\/\/alphastreet.com\/india\/crompton-greaves-consumer-electricals-ltd-q3fy24-3-fall-in-profits\/","url_meta":{"origin":160251,"position":5},"title":"Crompton Greaves Consumer Electricals Ltd Q3FY24; 3% fall in Profits","author":"Divyansh_Kasana","date":"March 13, 2024","format":false,"excerpt":"Crompton Greaves Consumer Electricals Limited is one of the leading consumer companies in India with a 75+ years old brand legacy. It is an independent company under professional management and have 2 business segments \u2013 Lighting and Electrical Consumer Durables. We market our products under the \u201cCrompton\u201d brand name in\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-140.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-140.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-140.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-140.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-140.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-140.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/160251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=160251"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/160251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/160257"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=160251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=160251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=160251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}