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Sintex Industries Ltd, market leader in plastic and textile business segments, reported a 21 per cent rise in revenues and 20 per cent rise in net profit in the first quarter of 2011-12, ended June 30, compared with the corresponding quarter of the last financial year. While the consolidated net income was Rs 1,128.8 crore (Rs 930.9 crore), the net profit was Rs 94.6 crore (Rs 78.8 crore), Mr Amit Patel, Managing Director, said here. On Monday, Sintex Industries' share price at the BSE closed 2.88 per cent down at Rs 178.70. The company registered strong growth across building product segments and new geographies and social spending drove the pre-fab revenues. Its monolithic order book was Rs 3,000 crore after first quarter execution. —
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