Everest Ind Q1 net soars 69% to Rs 26 cr

Building material maker Everest Industries today reported 69.16% increase in its net profit for the quarter ended June 30, at Rs 26.22 crore.

The company had posted a net profit of Rs 15.50 crore in the corresponding period last year, Everest Industries said in a filing to the Bombay Stock Exchange (BSE).

The total income during the first quarter also rose by 22.16% to Rs 244.36 crore from Rs 200.04 crore in the year-ago period, it added.

Shares of the company today closed 0.64% up at Rs 165.40 apiece on the BSE.