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Finolex Industries Ltd Q1 FY24; 11% rise in Profits

Finolex Industries Limited (FIL) is a leading manufacturer of PVC Resin and the largest producer of PVC Pipes & Fittings in India. The Company offers the latest range of superior quality and durable PVC-U pipes and fittings used in agriculture, construction and industrial operations. Its product portfolio consists of two major divisions: PVC Resin PVC Pipes & Fittings

Financial Results:

  • Finolex Industries Ltd reported Revenues for Q1FY24 of ₹1,179.00 Crores down from ₹1,190.00 Crore year on year, a fall of 0.92%.
  • Total Expenses for Q1FY24 of ₹1,070.00 Crores down from ₹1,096.00 Crores year on year, a fall of 2.37%.
  • Consolidated Net Profit of ₹111.00 Crores up 11.0% from ₹100.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.79, up 11.18% from ₹1.61 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: PVC
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