Sintex Industries reports 11% rise in Q1 consolidated net profit

28 Jul 2016

Sintex Industries has reported results for first quarter ended June 30, 2016. 

The company has reported 10.22% rise in its net profit at Rs 62.78 crore for the quarter ended June 30, 2016 as compared to Rs 56.96 crore for the same quarter in the previous year. The company’s total income increased by 12.17% to Rs 922.28 crore for the quarter under review from Rs 822.21 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 11.45% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 76.03 crore for the quarter ended June 30, 2016 as compared to Rs 68.22 crore for the same quarter in the previous year. Total Income of the company increased by 15.48% to Rs 1706.66 crore for quarter under review from Rs 1477.9 crore for the quarter ended June 30, 2015.

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