Sintex Q3 net profit jumps 91.27% to Rs 162.03 crore

Textiles and plastics firm Sintex Industries today reported 91.27 per cent jump in consolidated net profit for the third quarter ended December at Rs 162.03 crore on account of higher other income.
The company had reported a net profit of Rs 84.71 crore in the same quarter last year, it said in a BSE filing.
Net sales of the company during the quarter under review stood at Rs 1,826.02 crore, an increase of 32.69 per cent as compared to Rs 1,376.13 crore in the corresponding period in the previous year, it added.
Other income during the quarter stood at Rs 119.11 crore as compared to Rs 19.33 lakh in the corresponding quarter a year ago.

Shares of Sintex Industries were trading 1.72 per cent up at Rs 115.40 apiece during afternoon session on the BSE.