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Piramal Glass reports two fold jump in Q2 consolidated net profit

21 Oct 2013 Evaluate

Piramal Glass has reported results for the second quarter ended September 30, 2013.

The company has reported around 9 fold jump in its net profit at Rs 19.13 crore for the quarter as compared to Rs 2.17 crore for the same quarter in the previous year. Total income from operation of the company has increased by 9.21% at Rs 296.39 crore for quarter under review as compared to Rs 271.40 crore for the quarter ended September 30, 2012.

On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review grew over two fold at Rs 9.12 crore against Rs 4.31 crore in the second quarter of previous fiscal. Group’s total income from operation surged by 11.39% at Rs 469.97 crore for the quarter from Rs 421.93 crore in the similar quarter of previous year.

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