trending Market Intelligence /marketintelligence/en/news-insights/trending/KzqTgS4ZyFZMvTjTq7m7Ow2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Himatsingka Seide profit misses consensus by 33.8% in fiscal Q4

COVID-19 Lockdown Boosted Growth Of Digital Platforms

Q2: U.S. Solar and Wind Power by the Numbers

Mining Exploration Insights – September 2020

Amid Pandemic, Airlines Forge a New Survival Metric: Daily Cash Burn

Himatsingka Seide profit misses consensus by 33.8% in fiscal Q4

Himatsingka Seide Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to 2.61 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 3.94 rupees per share.

EPS climbed year over year from 1.09 rupees.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 256.6 million rupees, a gain from 107.4 million rupees in the year-earlier period.

The normalized profit margin increased to 5.1% from 2.2% in the year-earlier period.

Total revenue grew on an annual basis to 5.05 billion rupees from 4.86 billion rupees, and total operating expenses declined on an annual basis to 4.32 billion rupees from 4.41 billion rupees.

Reported net income rose 64.8% year over year to 426.2 million rupees, or 4.33 rupees per share, from 258.6 million rupees, or 2.63 rupees per share.

For the year, the company's normalized net income totaled 10.58 rupees per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 16.57 rupees.

EPS rose 90.3% from 5.56 rupees in the prior year.

Normalized net income was 1.04 billion rupees, an increase of 90.3% from 547.5 million rupees in the prior year.

Full-year total revenue declined year over year to 18.87 billion rupees from 19.43 billion rupees, and total operating expenses fell 8.0% year over year to 16.44 billion rupees from 17.87 billion rupees.

The company said reported net income rose 74.6% year over year to 1.67 billion rupees, or 16.92 rupees per share, in the full year, from 954.4 million rupees, or 9.69 rupees per share.

As of Aug. 10, US$1 was equivalent to 66.69 Indian rupees.