Sintex Industries reports 39% fall in Q3 consolidated net profit

20 Jan 2017

Sintex Industries has reported results for third quarter ended December 31, 2016.  

The company has reported 35.47% fall in its net profit at Rs 102.12 crore for the quarter under review as compared to Rs 158.26 crore for the same quarter in the previous year. Total income of the company decreased by 6.21% at Rs 1282.14 crore for the quarter under review as compared Rs 1367.07 crore for the corresponding quarter previous year.    

On the consolidated basis, the company has reported 38.90% fall in its net profit after tax, minority interest and share of profit of associates at Rs 110.81 crore for the quarter ended December 31, 2016 as compared to Rs 181.35 crore for the same quarter in the previous year. However, total income of the company increased by 0.32% to Rs 2096.64 crore for quarter under review from Rs 2089.93 crore for the quarter ended December 31, 2015. 

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