Sintex Industries posts 10.42% growth in Q3 net profit

Sintex Industries announced that it has reported a 10.42 per cent growth in its net profit at Rs 158.57 crore for the third quarter ended December 31, 2015 as compared to Rs 143.60 crore for the third quarter ended December 31, 2014.

The total income of the company also rose by 32.98 per cent to Rs 1356.43 crore for the quarter under review as compared to Rs 1020.00 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 11.15 per cent rise in its net profit after taxes, minority interest and share of profit of associates at Rs 180.10 crore for the quarter ended September 30, 2015 as compared to Rs 162.04 crore for the same quarter in the previous year.

Moreover, the total income (consolidated) increased by 11.54 per cent at Rs 2057.73 crore for quarter under review as compared to Rs 1844.77 crore for the quarter ended June 30, 2014.