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

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

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

2 min read Last Updated : Jul 31 2020 | 10:30 AM IST

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

Topics : Essel Propack Buzzing stocks Q1 results Markets Sensex Nifty

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