Vadilal Industries Ltd has reported a net profit at Rs 3.02 crore for the second quarter ended September 30, 2015 against Re 0.28 crore in corresponding quarter last year.

Net sales for the second quarter increased by 13.21 per cent to Rs 103.07 crore against Rs 91.04 crore in the same quarter a year ago. Earnings per share (EPS) for Q2 FY 16 stood at Rs. 4.20 (face value of Rs. 10 per share).

For the six-month period, the company has reported a net profit of Rs 24.38 crore against Rs 13.74 crore in the corresponding period last year, showing a growth of 77.37 per cent.

Net sales in the first half of the fiscal stood at Rs 285.47 crore, higher by 10.36 per cent against Rs 258.66 crore. EPS for H1 FY 16 stood at Rs 33.92 (face value of Rs 10 per share).