Sika Interplant Systems Reports 124% Surge in Q1 Net Profit
Sika Interplant Systems Limited announced strong Q1 results with standalone net sales reaching Rs. 68.01 crore, a 123.5% increase year-over-year. Net profit rose by 96.3% to Rs. 10.38 crore, and EPS improved to Rs. 4.90. Consolidated net profit grew by 96.6% to Rs. 10.35 crore. Despite higher material costs, the company maintained profitability, indicating efficient cost management. The results were approved by the Board of Directors and reviewed by statutory auditors.