HIL Q1 Results: Revenue Declines by 8% to Rs 693 crore due to Covid-19; Expect Demand, Growth Recoveries in the Coming Quarters
Building materials major HIL Limited, part of the $2.4-billion CK Birla Group, has announced the financial results for the quarter ending June 30, 2020. The company reports decline in revenues by 8% to Rs 693 crore in Q1 FY21 as against Rs 751 crore over the same quarter of FY20. “Our operations in India and Europe posted