Sintex Industries has reported results for the quarter ended June 30, 2011
The Company’s net profit for the quarter ended June 30, 2011 has surged by 18.97% at Rs 69.13 crore as compared to Rs 58.11 crore for the quarter ended June 30, 2010. Its total Income has increased by 6.12% at Rs 574.26 crore for the quarter as compared to Rs 541.13 crore for the corresponding quarter of the previous year.
On Consolidated basis, the Group ‘s net profit for the quarter has reported growth of 19.95% at Rs 94.58 crore as compared to Rs 78.85 crore for the quarter ended June 30, 2010. Its total Income has increased by 21.26% at Rs 1128.83 crore for the quarter under review as compared to Rs 930.88 crore for the similar quarter of the previous year.
Sintex Industries (SIL) is a well known name in manufacturing water tanks. The company has a countrywide network of 10 manufacturing plants spread across 500,000 Sq. meter area and more than 1000 strong work force, 12 branch offices, over 500 distributors and around 10,000 retailers spread across India.