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Indian-Commodity  :  Corporate  :  Strides Shasun reports over one fold jump in Q1 consolidated net profit

Strides Shasun reports over one fold jump in Q1 consolidated net profit (17-Aug-2016)

Strides Shasun has reported results for first quarter ended June 30, 2016.

The company has registered 87.32% growth in its net profit at Rs 27.18 crore for the quarter as compared to Rs 14.51 crore for the same quarter in the previous year. Total Income of the company increased by 41.32% to Rs 549.47 crore for quarter under review from Rs 525.01 crore for the quarter ended June 30, 2015.

On the consolidated basis, the company has reported over one fold jump in its net profit after taxes, minority interest and share of profit of associates at Rs 26.04 crore for the quarter ended June 30, 2016 as compared to Rs 10.62 crore for the same quarter in the previous year. However, total Income of the company increased by 41.32% to Rs 907.66 crore for quarter under review from Rs 642.26 crore for the quarter ended June 30, 2015.

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