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Nilkamal reports 11% fall in Q2 net profit

Nilkamal has reported results for second quarter ended September 30, 2018.

The company has reported 10.56% fall in its net profit at Rs 24.89 crore for the quarter under review as compared to Rs 27.83 crore for the same quarter in the previous year. However, total income of the company increased by 32.77% at Rs 618.29 crore for Q2FY19 as compared Rs 465.69 crore for the corresponding quarter previous year.

Nilkamal’s principal activity is to manufacture injection moulded plastic products. It operates with three segments namely plastics, lifestyle furniture, furnishings & accessories and storage system & others.

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