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Finolex Industries Ltd Q2FY25; 58% fall 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 Q2FY25 of ₹828.00 Crores down from ₹883.00 Crore year on year, a fall of 6.23%.

Total Expenses for Q2FY25 of ₹851.00 Crores up from ₹819.00 Crores year on year, a rise of 3.91%.

Consolidated Net Profit of ₹41.00 Crores down 58.16% from ₹98.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.66, down 58.23% from ₹1.58 in the same quarter of the previous year.

Tags: PVC
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