Ester Industries' July-Sep sales at Rs 202.21 crores; PAT climbs 334% at 3.97 crores
The company's net sales has marginally reduced by 16% to Rs. 202.21 crores from Rs. 241.11 crores reported in the corresponding quarter last year.
Earnings Before Interest, Depreciation & Tax (EBIDTA) in the present quarter increased 16.4% to Rs. 21.86 Crores from Rs.18.78 crores.
The Profit after Tax (PAT) has increased by 334% in the present quarter to Rs. 3.97 Crores from Rs. 0.91 Crores reported in the quarter ended September 2014.
Commenting on the performance for the period ended September 2015, Arvind Singhania, Chairman & Managing Director, Ester Industries Limited, said “Current quarter results continue to reflect the strategic course correction measures initiated two years ago. Our efforts in R&D have started yielding positive results in performance. In close association with our global clients, we have developed innovative product solutions. Our focus continues to be in offering differentiated products for the global markets.”
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