Sintex Industries Posts 32 Per Cent Rise in Q1 Profit
New Delhi: Textiles and plastics firm Sintex Industries on Tuesday reported a 32.11 per cent increase in consolidated net profit at Rs 61.59 crore for the first quarter that ended on June 30, 2014.
The company had posted a net profit of Rs 46.62 crore for the corresponding quarter a year ago, it said in a filing to the BSE.
Net sales rose 19.34 per cent to Rs 1,341.37 crore during the first quarter as compared to Rs 1,123.9 crore a year ago.
As of 3:25 p.m., shares in Sintex Industries were trading at Rs 87.15 apiece on the BSE, up 3.63 per cent from the previous close.Â
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