Hydro S&S net up 24.34% for Jun`07 qtr
Result analysis: Hydro S&S net up 24.34% for Jun`07 qtr Hydro S&S Industries announced a modest increase in net profit for the quarter ended June 2007. During the quarter, the company saw a 24.34% rise in profit to Rs 15.63 million from Rs 12.57 million in the same quarter, last year. Net sales for the quarter rose 6.22% to Rs 256.31 million compared with the corresponding quarter, a year ago. Operating margins during the quarter improved to 11.72%, a rise of 450.30 basis points compared with the corresponding quarter, a year ago. Net m
The company`s earnings per share on a trailing twelve month basis is Rs 4.77.
At the closing price of Rs 46.55 on Sep. 18, 2007 at the BSE, the company`s shares were valued at 9.75 times earnings on a trailing twelve month basis.
| As at | June 2007(3) | June 2006(3) | %Change |
| Rs million | Rs million | ||
| Sales of Products/Services | 256.31 | 241.30 | 6.22 |
| Other Income | 0.54 | 5.81 | (90.71) |
| Total Income | 256.85 | 247.11 | 3.94 |
| Total Expenses | 226.27 | 223.88 | 1.07 |
| Stock Adjustments | 0.00 | 0.00 | |
| OPBDIT | 30.04 | 17.42 | 72.49 |
| Operating Margin(%) | 11.72 | 7.22 | 450.30 bp* |
| Interest | 6.99 | 5.28 | 32.39 |
| Depreciation | 4.47 | 3.95 | 13.16 |
| ExtraOrdinary Items | 0.00 | 0.00 | |
| Prior Period Adjustments | 0.00 | 0.00 | |
| Provision for Tax | 3.50 | 1.43 | 144.76 |
| After Tax Profit | 15.63 | 12.57 | 24.34 |
| Net Margin(%) | 6.09 | 5.09 | 99.85 bp* |
| EPS in reported Period (Rs) | 2.39 | 0.00 |
| * bp - basis points |
