Sintex Industries: Q1FY18 Results
DSIJ Intelligence / 31 Jul 2017
The company's total sales for Q1FY18 came in at Rs 687.56 crore, which represents a 3.96 per cent sequential increase and 177.58 per cent YoY increase.
Sintex Industries reported its results for the quarter ended June 30, 2017 today.
The company's total sales for Q1FY18 came in at Rs 687.56 crore, which represents a 3.96 per cent sequential increase and 177.58 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs. 41.81 crore and the EBIT margin stood at 6.08 per cent.
The company reported PAT of Rs 35.07 crore, which represents a sequential QoQ decline of 29.21 per cent and a YoY decline of 1475.29 per cent.
The company's stock opened at Rs 37.20 on the BSE and recorded intra-day high and low of Rs 38.20 and Rs 36.15, respectively.
Sintex Industries manufactures and sells plastics and textiles related products in India and internationally. It operates through textiles, plastics and infrastructure segments. The company offers a range of building products, including prefabricated structures, cold chain network, water storage solutions, environment-friendly products, containers, doors, and windows that are used for residential, commercial and industrial purposes.
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