Hindustan Foods Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 18, 2023 at 07:16 am EDT
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Hindustan Foods Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 6,597 million compared to INR 5,814.32 million a year ago. Revenue was INR 6,606.91 million compared to INR 5,825.41 million a year ago. Net income was INR 202.25 million compared to INR 122.54 million a year ago. Basic earnings per share from continuing operations was INR 1.79 compared to INR 1.09 a year ago. Diluted earnings per share from continuing operations was INR 1.79 compared to INR 1.09 a year ago.
For the full year, sales was INR 25,981.31 million compared to INR 20,401.05 million a year ago. Revenue was INR 26,026.37 million compared to INR 20,437.92 million a year ago. Net income was INR 711.17 million compared to INR 446.63 million a year ago. Basic earnings per share from continuing operations was INR 6.31 compared to INR 3.96 a year ago. Diluted earnings per share from continuing operations was INR 6.31 compared to INR 3.96 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.