Sintex Industries Q1 net up 32% at Rs 61.59 crore

Textiles and plastics firm Sintex Industries today reported 32.11% increase in consolidated net profit at Rs 61.59 crore for the first quarter ended June 30.

The company had reported a net profit of Rs 46.62 crore in the corresponding quarter a year ago, Sintex Industries said in a filing to the BSE.

Net sales of the company went up by 19.34% to Rs 1,341.37 crore during the first quarter, compared to Rs 1,123.9 crore during the corresponding period of previous fiscal.

Shares of Sintex Industries were trading at Rs 86.80 apiece on the BSE in the afternoon trade, up 3.21% from their previous close.