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Sintex Industries’ consolidated net profit declines marginally in Q1

12 Jul 2013 Evaluate

Sintex Industries has reported results for first quarter ended June 30, 2013.

The company has reported 23.56% rise in its net profit after exceptional item at Rs 40.64 crore for the quarter as compared to Rs 32.89 crore for the same quarter in the previous year. Total income from operation of the company has increased by 1.43% at Rs 615.99 crore for quarter under review as compared to Rs 607.33 crore for the quarter ended June 30, 2012.

On the consolidated basis, the group registered a marginal fall of 0.36% in its net profit after taxes, minority interest and share of profit of associates at Rs 46.62 crore for the quarter as compared to Rs 46.79 crore for the same quarter in the previous year. Total income from operation of the company, on consolidated basis, has surged by 4.40% at Rs 1128.11 crore for quarter under review as compared to Rs 1080.56 crore for the quarter ended June 30, 2012.

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