Himalayan Distillery Limited (HDL) has reported its second-quarter report with a decline in net profit by 36.41%. The net profit decreased to Rs. 29.42 Crores in this quarter from Rs. 46.27 Crores in the corresponding quarter of the previous year.
In this quarter, HDL reported a decline in sales revenue by 18.00%. The revenue decreased to Rs. 2.76 Arba compared to the corresponding quarter of the previous year. On the other hand, the other income of the company has increased by 473.32% coming up to Rs. 61.46 Lakhs.
Highlights:
- Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares
- Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2
- The revenue generated by Ankhukhola Hydropower has decreased by 10.43% to Rs. 12.23 crores.
- Salt Trading Corporation’s net profit increased by 47.39% in the second quarter, to Rs 14.86 per share.
- Rastriya Beema Company’s Profit Increased by 92.57% in Q2