HIL net up 120%

Hyderabad Industries Limited’s net profit increased 120.45 per cent for the quarter ended December 2009 to Rs 14.55 crore, as compared with Rs 6.6 crore during the corresponding period last year. Revenues during the quarter stood at Rs 146.01 crore, up 12.62 per cent from Rs 129.64 during the same period last year. Its EPS was Rs 19.50 as against Rs 8.84 last year.