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Corporate - Financial Performance


Ester Industries Q3 net at Rs 13.62 cr

Our Bureau

New Delhi , Feb. 11

BI-AXIALLY oriented polyester film manufacturer, Ester Industries Ltd has reported a net profit of Rs 13.62 crore on a net sales of Rs 70.99 crore for the quarter ended December 31,2003. It had reported a net profit of Rs 1.77 crore on net sales of Rs 65.31 crore in the same period during the previous year.

At a meeting on Tuesday, the board declared a maiden interim dividend of Rs 0.625 per share (12.5 per cent on a face value of Rs 5) for 2003-04. Operating profit stood at Rs 22.67 crore (Rs 13.55 crore). Interest and financial charges stood at Rs 2.61 crore (Rs 7.62 crore)

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