Himatsingka Seide FY20: sales ?24,196 mn; profit ?132 mn
Himatsingka Seide Limited, a India-based manufacturer, retailer and distributor of home textiles, has reported decrease in its total income to ?24,196 million in fiscal 2020 ended on March 31, 2020, compared to income of ?26,542 million in previous year. Group’s profit for the year fell from ?1,968 million in FY19 to ?132 million in the reported fiscal.
Profit before tax (PBT) during FY20 slipped to ?851 million (?3,080 million).
The performance of the group in the fourth quarter (Q4) FY20 declined. Total income during Q4 FY20 dropped to ?4,714 crore (Q4 FY19: ?6,927 million). Group incurred a loss during the quarter of ?688 million compared to profit of ?483 million in same period prior year.
Monday, 06 July 2020