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Sintex reports 32% rise in Q1 consolidated net profit

06 Aug 2014 Evaluate

Sintex Industries has reported results for first quarter ended June 30, 2014.

The company’s net profit has surged by 25.27% at Rs 50.91 crore as compared to Rs 40.64 crore for the quarter ended June 30, 2013. Its total income from operations has increased by 23.77% to Rs 762.44 crore for the quarter under review from Rs 615.99 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 32.13% rise in its net profit after taxes, minority interest and share of profit / (loss) of associates at Rs 61.60 crore for the quarter as compared to Rs 46.62 crore for the same quarter in the previous year. Its total income from operations has increased by 19.26% at Rs 1345.42 crore for quarter under review as compared to Rs 1128.11 crore for the quarter ended June 30, 2013.

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