Fine Organic Industries Limited (NSE: FINEORG) is a leading Indian specialty chemicals company that produces a wide range of additives, polymers, and specialty ingredients for various industries such as food, plastics, rubber, and personal care. The company is known for its innovative and high-quality products, and it exports to more than 75 countries across the world.
In terms of earnings, Revenue from Operations for Q3 FY23 was ₹759.54 crore, a 64% increase from ₹463.42 crore in the same period last year. The third quarter’s other income, which contributed ₹15.15 Crore to the Total Revenue. Meanwhile, the Profit Before Tax improved to ₹161.09 Crore from ₹75.09 Crore from the same quarter previous year. The Consolidated Net Profit was ₹106.22 crore, up 104% from ₹51.99 crore in the same quarter last year. This quarter’s earnings per share was ₹34.65. In the same time period, the company’s Tax Expense increased up to ₹55.06 Crore from ₹23.1 Crore.