Packaging firm Essel Propack Ltd today reported 41.25% increase in its consolidated net profit at Rs 42.94 crore for the third quarter ended December 31, 2015.
The company had posted a net profit of Rs 30.40 crore in the corresponding period last year, Essel Propack said in a BSE filing.
However, Essel Propack's net sales on consolidated basis declined 9.06% to Rs 505.60 crore during the quarter under review as against Rs 555.99 crore in October-December period of last fiscal.
Shares of the company closed 6.77% up at Rs 142 per scrip on BSE.