Consumer durables firm Hitachi Home & Life Solutions (India) today said its net profit declined by 9.71 per cent to Rs 13.11 crore for the quarter ended June 30, 2011, over the same period previous fiscal.
The company had a net profit of Rs 14.52 crore for the same period last financial year, Hitachi Home & Life Solutions said in a filing to the Bombay Stock Exchange (BSE).
Net sales of the company rose to Rs 325.72 crore for the June quarter, compared to Rs 281.54 crore in the same period last financial year.
Shares of Hitachi Home & Life Solutions today closed at Rs 196.60 on the BSE, down 1.80 per cent from previous close.