Doha – Mubasher: Zad Holding Company’s profits for the second quarter of the fiscal year 2016 grew by 11.2% to QAR 62.11 million ($17.04 million), versus QAR 55.87 ($15.33 million) for Q2-15.

Net profit also rose by 3.6% in the first half of fiscal 2016 to QAR 113.71 million from QAR 109.77 million in the same period of 2015.

The company earlier posted a net profit of QAR 51.6 million for Q1-15, 4.3% down from QAR 53.9 million for Q1-15.