Business Standard

Essel Propack jumps 18% after Q1 net profit rises 14% YoY to Rs 46 crore

Essel Propack's revenue from operations climbed 17.72 per cent to Rs 741.49 crore

stocks, stock market, m arket, sensex, growth, revenue, earnings, results, Q2,Q1, Q3, Q4, COMPANY, nse, bse,
Premium

The company had logged a profit of Rs 40.03 crore in the corresponding quarter of the previous fiscal.

SI Reporter New Delhi
Shares of Essel Propack zoomed as much as 18 per cent to Rs 242 apiece on the BSE on Friday after the company reported a 14 per cent increase in its consolidated net profit at Rs 45.62 crore for the June quarter. The company had logged a profit of Rs 40.03 crore in the corresponding quarter of the previous fiscal.

At 10:12 am, the stock was quoting nearly 16 per cent higher at Rs 237.70 on the BSE. In comparison, the benchmark S&P BSE Sensex was trading at 37,623, down 113 points, or 0.3 per cent. 

Essel Propack's revenue from operations climbed

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 31 2020 | 10:26 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com