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Fineotex Chemical Ltd Q1FY24; 30% rise in Profits

Incorporated in 1979, Fineotex Chemicals Ltd is engaged in the business of manufacturing auxiliaries and specialty chemicals for textiles, construction, water treatment, fertilizer, leather, and paint industries

Financial Results:

  • Fineotex Chemical Ltd reported Revenues for Q1FY24 of ₹132.00 Crores down from ₹136.00 Crore year on year, a fall of 2.94%.
  • Total Expenses for Q1FY24 of ₹102.00 Crores down from ₹111.00 Crores year on year, a fall of 8.11%.
  • Consolidated Net Profit of ₹26.00 Crores up 30.0% from ₹20.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹2.32, up 29.61% from ₹1.79 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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