Packaging firm Essel Propack Ltd today reported a 34.05 per cent increase in its consolidated net profit at Rs 38.46 crore for the second quarter ended September 2014.
The company had posted a consolidated net profit of Rs 28.69 crore in the corresponding period last year, Essel Propack said in a filing to the BSE.
Total consolidated income from operations during the current quarter also increased 13.13 per cent to Rs 595.15 crore (Rs 526.07 crore).
For the first half of 2014—15 fiscal, the company’s consolidated net profit increased 24.24 per cent to Rs 64.83 crore as against Rs 52.18 crore in the corresponding period.
Total income from operation in the first half increased to13.69 per cent to Rs 1,143.84 crore from Rs 1,006.08 crore in the same period last year.
Shares of the company closed at Rs 113.85 per scrip on the BSE, down 0.83 per cent from its previous close.