trending Market Intelligence /marketintelligence/en/news-insights/trending/qLXDXi-_6oOf7WnI3ou5oA2 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

Hindustan Hardy Spicer swings to loss in fiscal Q4

Virtual Multichannel Carriage: Sports Networks

Fund Financing Through a Credit Lens Credit Risk Factors for Alternative Investment Funds (AIFs)

An interview with Antony Jenkins, Founder & Executive Chairman, 10x Future Technologies

An interview with Nicolas Veron, Economist, Senior Fellow at Bruegel


Hindustan Hardy Spicer swings to loss in fiscal Q4

Hindustan Hardy Spicer Ltd said its normalized net income for the fiscal fourth quarter ended March 31 came to a loss of 11.72 Indian rupees per share, compared with 3.92 rupees per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 17.6 million rupees, compared with income of 5.9 million rupees in the prior-year period.

The normalized profit margin declined to negative 4.9% from 4.5% in the year-earlier period.

Total revenue rose 17.1% year over year to 154.8 million rupees from 132.2 million rupees, and total operating expenses climbed 32.4% on an annual basis to 172.7 million rupees from 130.4 million rupees.

Reported net income came to a loss of 17.4 million rupees, or a loss of 11.63 rupees per share, compared to a loss of 711,000 rupees, or a loss of 47 paise per share, in the prior-year period.

For the year, the company's normalized net income totaled a loss of 8.91 rupees per share, compared with 6.89 rupees per share in the prior year.

Normalized net income was a loss of 13.3 million rupees, compared with income of 10.3 million rupees in the prior year.

Full-year total revenue increased 7.7% year over year to 522.6 million rupees from 485.0 million rupees, and total operating expenses rose 12.2% on an annual basis to 527.3 million rupees from 469.8 million rupees.

The company said reported net income came to a loss of 15.7 million rupees, or a loss of 10.49 rupees per share, in the full year, compared with income of 8.4 million rupees, or 5.64 rupees per share, the prior year.

As of July 20, US$1 was equivalent to 63.64 Indian rupees.