Himalayan Distillery’s Net Profit Declines

Feb 12, 2023 11:22 AM Merolagani

Himalayan Distillery (HDL) has published its second quarter report of the current FY. As per the report, the company recorded a decline in net profit during the review period compared to the corresponding period of the last FY.

The company has earned Rs 294.2 million in net profit. The net profit decreased by 36.41 percent compared to Rs 462.7 million of the review period of the last FY.

During the period, the sales of the company declined by 18 percent and total profit by 22.36 percent. Similarly, its other operating expenses increased by 473.76 percent and operating profit by 34.37 percent.

Along with net profit, its EPS declined to Rs 24.22. The company logged net worth per share of Rs 122.94 and P/E ratio of 112.41 times.

The company with Rs 2.42 billion in paid-up capital and reserve fund of Rs 557.4 million.

 

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