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Fine Organic Industries Ltd Q2FY24; 49% fall in Profits

Fine Organic Industries is engaged in and outside India as manufacturers, processors, suppliers, distributors, dealers, importers, exporters of wide range of oleochemical-based additives used in foods, plastics, cosmetics, coatings and other specialty application in various industries.

Financial Results:

Fine Organic Industries Ltd reported Revenues for Q2FY24 of ₹540.00 Crores down from ₹919.00 Crore year on year, a fall of 41.24%.

Total Expenses for Q2FY24 of ₹425.00 Crores down from ₹678.00 Crores year on year, a fall of 37.32%.

Consolidated Net Profit of ₹103.00 Crores down 49.26% from ₹203.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹33.71, down 48.99% from ₹66.09 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Chemicals
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