Plastic products maker Supreme Industries has reported a rise of 20.15 per cent in consolidated net profit at Rs 100.80 crore for the third quarter ended December 31, 2016.
The company had posted a net profit of Rs 83.89 crore in the October-December period a year ago, Supreme Industries said in a BSE filing today.
Supreme Industries’ total income during the quarter under review was up 11.55 per cent at Rs 1,107.82 crore against Rs 993.09 crore in the corresponding quarter last fiscal.
Its total expenses also rose 10.33 per cent to Rs 961.32 crore compared with Rs 871.25 crore a year ago, the company added.
Shares of Supreme Industries were trading 2.11 per cent up at Rs 931.10 apiece on the BSE.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.