India's Ester Industries closes higher after fourfold jump in Q4 profit

Ester Industries

13/05/2026 11:21

** Polyester products maker Ester Industries ESTR.NS  shares close 3.4% higher at 98.2 rupees after reporting Q4 results

** Q4 consolidated net profit more than quadruples to 78.7 million rupees ($822,318.58) from 19.6 million rupees a year earlier

** Revenue from operations rises 7.8% to 3.44 billion rupees, from 3.19 billion previously

** ESTR trades at a trailing twelve-month price-to-earnings ratio of -27.6 vs industry median of 18.38

** YTD, stock down 4.5% vs a 6.3% decline in the Nifty 500 Index .NIFTY500

($1 = 95.7050 Indian rupees)

 (Reporting by Abhinav Parmar in Bengaluru)

 ((Abhinav.Parmar@thomsonreuters.com;))