As the leading business house in the country, Sintex Industries recently reported its second quarter results for FY11, it also said that the company will be on hunt for the targets in the domestic market which will help the company grow in times to come.
It is to be mentioned here that while the results were in line with expectations of the market and the company has seen an increase in net profit to Rs 100 crore vis-a-vis Rs 78.9, crore quarter-on-quarter.
It may be noted here that the net sales of the company also moved northwards by registering a figure of Rs 920 crore vis-a-vis Rs 908, crore QoQ. The Group President Sunil Kanojia recently said on the announcement of the results that the company has been able to manage monsoon very well despite the fact that the impact of the same was very severe this season.
Moreover, he also mentioned that the company will now be investing into resources that will help it enhance the monolithic execution capabilities. Clearly, the aim is to make it execute its orders in a better way in times to come.
