Ideas For Profit | Hyderabad Industries Q3 review: Mixed results not a dampener

Moneycontrol 2019-02-15

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Hyderabad Industries Limited (HIL), the building material solutions provider, reported a mixed set of numbers for the third quarter of FY19. While the revenues crossed the Rs 300 crore mark in a seasonally weak quarter, the margins came under pressure on the back of higher marketing and distribution expenses, increase in finance costs and forex losses.

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