{"id":149425,"date":"2023-07-20T01:46:41","date_gmt":"2023-07-20T05:46:41","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149425"},"modified":"2023-07-20T01:46:43","modified_gmt":"2023-07-20T05:46:43","slug":"finolex-industries-ltd-q1-fy24-11-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/finolex-industries-ltd-q1-fy24-11-rise-in-profits\/","title":{"rendered":"Finolex Industries Ltd Q1 FY24; 11% rise in Profits"},"content":{"rendered":"<p>Finolex Industries Limited (FIL) is a leading manufacturer of PVC Resin and the largest producer of PVC Pipes &amp; 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 &amp; Fittings<\/p>\n<p><strong>Financial Results: <\/strong><\/p>\n<ul>\n<li>Finolex Industries Ltd reported Revenues for Q1FY24 of \u20b91,179.00 Crores down from \u20b91,190.00 Crore year on year, a fall of 0.92%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b91,070.00 Crores down from \u20b91,096.00 Crores year on year, a fall of 2.37%.<\/li>\n<li>Consolidated Net Profit of \u20b9111.00 Crores up 11.0% from \u20b9100.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b91.79, up 11.18% from \u20b91.61 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-82-839x1024.png\" alt=\"\" class=\"wp-image-149426\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-82-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-82-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-82-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-82-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-82.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n<p>*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. <br \/>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>","protected":false},"excerpt":{"rendered":"<p>Finolex Industries Limited (FIL) is a leading manufacturer of PVC Resin and the largest producer of PVC Pipes &amp; 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 [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[12170],"class_list":["post-149425","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-pvc"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":169104,"url":"https:\/\/alphastreet.com\/india\/finolex-industries-ltd-q4fy25-5-fall-in-revenue\/","url_meta":{"origin":149425,"position":0},"title":"Finolex Industries Ltd Q4FY25; 5% fall in Revenue","author":"Divyansh_Kasana","date":"July 11, 2025","format":false,"excerpt":"Finolex Industries Limited (FIL) is a leading manufacturer of PVC Resin and the largest producer of PVC Pipes & Fittings in India. 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