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Hindustan Tin Works PBT up 37pct and exports revenue soars to 50pct

Steel News - Published on Mon, 08 Nov 2010

Hindustan Tin Works Limited reported its quarterly profit & revenue numbers with 37% jump in the net profit before tax & 50% rise in its exports revenue for the quarter ended September 30th 2010.

While the company saw its net sales touching INR 74.1 crore for Q2 as compared to INR 58.4 crore of the corresponding period last year its exports revenues increased by 50% to INR 14.8 crore as compared to INR 9.9 crore in the corresponding quarter of the previous year.

The Profit before Tax stood at INR 3.87 crore as compared to INR 2.82 crore in the corresponding quarter of the previous year thereby showing a 37% increase. Earnings per share stood at INR 2.41 as showing an increase of 13%.

The half yearly numbers ending September 30th 2010 are also remarkable. Exports increased by 126% to INR 33.3 crore as compared to INR 14.7 crore of previous corresponding half yearly numbers. PBT stood at INR 9.9 crore as compared to INR 8 crore thereby showing an increase of 24%.

(Sourced from Equity Bulls)

Posted By : admin on Mon, 08 Nov 2010
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