Sintex Industries reports 16% rise in Q4 consolidated net profit

09 May 2018

Sintex Industries has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a rise of 4.76% in its net profit at Rs 52.82 crore for the quarter ended March 31, 2018 as compared to Rs 50.42 crore for the same quarter in the previous year. The total income of the company increased by 39.62% at Rs 655.25 crore for quarter under review as compared to Rs 469.32 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a rise of 15.91% in its net profit at Rs 57.42 crore for the quarter ended March 31, 2018 as compared to Rs 49.54 crore for the corresponding quarter in the FY17. However, total consolidated income of the company decreased by 4.62% at Rs 664.74 crore for quarter under review as compared to Rs 696.95 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a rise of 6.67% in its net profit at Rs 135.98 crore as compared to Rs 127.48 crore for the same period in the previous year. Total income of company increased by 42.36% at Rs 2155.57 crore for year under review as compared to Rs 1514.16 crore for the period ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted rise of 5.65% in its net profit at Rs 141.84 crore as compared to Rs 134.25 crore for the same period in the previous year. Total income of company increased by 49.70% at Rs 3021.59 crore for year under review as compared to Rs 2018.48 crore for the period ended March 31, 2017.

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