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Our Bureau

Mumbai, Jan. 10

Sintex Industries Ltd has posted a 25 per cent increase in profit after tax at Rs 25.46 crore (Rs 20.36 crore) for the quarter ended December 31. Net sales rose 30.67 per cent to Rs 274.75 crore (Rs 210.26 crore). Earnings per share stood at Rs 2.29 (Rs 2.2).

"Sintex has delivered strong growth on the back of healthy demand. Our expansion programme is progressing as planned. We continue to evaluate inorganic opportunities for growth. I remain confident of our company's ability to continue to enhance value for all its stakeholders going forward," said Mr Amit Patel, Managing Director, Sintex Industries.

Shares of the company fell 6.67 per cent to close at Rs 211.90 on the BSE.

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Sintex net rises 25 pc

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