Himalayan Distillery’s Net Profit Declines along with Sales

Aug 15, 2023 10:17 AM Merolagani

Himalayan Distillery (HDL) has published its fourth quarter report of the last 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 earned Rs 6.38 billion in net sales. The net sales  decreased by 25.43 percent compared to Rs 8.56 billion of the review period of the last FY.

As a result its net profit declined by 37.54 percent to Rs 661.1 million. In the previous FY, its net profit exceeded Rs 1 billion.

Along with net profit, its EPS declined to Rs 27.17. The company logged net worth per share of Rs 138 and P/E ratio of 82.74 times.

The company with Rs 2.42 billion in paid-up capital and reserve fund of Rs 923.3 million.

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