The result was announced after market hours yesterday, 29 October 2018.

Meanwhile, the S&P BSE Sensex was up 8.13 points or 0.02% at 34,075.53

On the BSE, 3,676 shares were traded on the counter so far as against the average daily volumes of 3,478 shares in the past two weeks. The stock had hit a high of Rs 235.90 and a low of Rs 223.65 so far during the day.

HSIL is engaged in the manufacture and distribution of sanitary-ware and glass containers primarily in India.

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Net profit of HSIL declined 80.13% to Rs 4.67 crore in the quarter ended September 2018 as against Rs 23.50 crore during the previous quarter ended September 2017. Sales rose 17.22% to Rs 622.65 crore in the quarter ended September 2018 as against Rs 531.16 crore during the previous quarter ended September 2017.

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HSIL will hold a meeting of the Board of Directors of the Company on 29 October 2018.

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HSIL announced that CARE Ratings has reviewed the ratings on the long term bank facilities of Rs. 1214.40 crore (enhanced from Rs. 968.33 crore) of the Company and assigned/retained the CARE AA- (Double A Minus) (Credit watch with developing implications) and on the short term bank facilities of Rs. 285 crore (enhanced from Rs. 250 crore) of the Company and assigned/retained the CARE A1+ (A One Plus) (Credit watch with developing implications).

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