Plastic products manufacturer Sintex Industries' September quarter consolidated profit is likely to increase 12 percent to Rs 120 crore compared to Rs 107 crore in the year-ago period, according to a CNBC-TV18 poll.
Total income from operations may grow 9.8 percent year-on-year to Rs 1,847 crore from Rs 1,681 crore.
Prefab segment is expected to drive growth during the quarter, which is expected to show a 26 percent growth. Revenue from custom moulding is expected to grow 13 percent while textile segment growth may remain flat year-on-year.
Domestic composite business is expected to gain strength while monolithic business may continue to be a laggard.
Operating profit is seen rising 8.7 percent to Rs 313 crore and margin may contract by 20 basis points to 16.9 percent due to change in revenue mix. Depreciation may go up Y-o-Y due to additional spinning facility.
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