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Essel Propack Q3 net profit rises 41% to Rs 43 crore

Company's net sales on consolidated basis declined 9.06% to Rs 505.60 crore during the quarter under review

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Press Trust of India New Delhi
Last Updated : Jan 21 2016 | 5:14 PM IST
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.

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First Published: Jan 21 2016 | 3:42 PM IST

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