New Delhi, Nov 10 (PTI) C K Birla Group firm HIL Ltd on Tuesday reported nearly three-fold jump in consolidated net profit at Rs 94.33 crore in the second quarter ended September 30.

The company had posted a net profit of Rs 31.94 crore in the same quarter last fiscal, HIL said in a regulatory filing.

Also Read | Wipro Wins 5-Year Software Engineering Services Contract From ThoughtSpot.

Consolidated revenue from continuing operations stood at Rs 703.79 crore during the period under review as against Rs 575.39 crore in the year-ago quarter it added.

HIL Ltd, one of the leading building material solutions company, said it was able to post revenue growth despite the impact of COVID-19 on the construction segment and staggered lockdowns across urban and rural markets.

Also Read | Johnny Depp Will Get Paid for Fantastic Beasts 3 Despite Exit.

HIL Ltd CEO and MD Dhirup Roy Choudhary said, "We have worked tirelessly to overcome the bottlenecks that have resulted from COVID-19 pandemic. Maintaining profitable growth for the company both in India and in Europe, whilst ensuring health and safety of our team were our major priorities."

The implementation of smart digital systems, business intelligence platforms, heat maps, pincode wise customer tracking and connects, acquisition of thousands of new counters and implementation of robust daily review processes fuelled by undaunted commitment of employees have enabled consistent business performance, Choudhary added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)