Sintex Industries reports 11% rise in Q3 consolidated net profit

11 Jan 2016 Evaluate

Sintex Industries has reported results for third quarter ended December 31, 2015.

The company has reported 10.42% rise in its net profit at Rs 158.57 crore for the quarter ended December 31, 2015 as compared to Rs 143.60 crore for the same quarter in the previous year. The company’s total income has increased 32.98% to Rs 1356.43 crore for the quarter under review from Rs 1020.00 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 11.15% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 180.10 crore for the quarter ended December 31, 2015 as compared to Rs 162.04 crore for the same quarter in the previous year. Total income (consolidated) of the company has increased by 11.54% at Rs 2057.73 crore for quarter under review as compared to Rs 1844.77 crore for the quarter ended June 30, 2014.

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