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(11 May 2024, 07:36)

Finolex Industries consolidated net profit declines 0.96% in the March 2024 quarter

Sales rise 8.27% to Rs 1235.42 crore


Net profit of Finolex Industries declined 0.96% to Rs 164.90 crore in the quarter ended March 2024 as against Rs 166.50 crore during the previous quarter ended March 2023. Sales rose 8.27% to Rs 1235.42 crore in the quarter ended March 2024 as against Rs 1141.06 crore during the previous quarter ended March 2023.

For the full year,net profit rose 88.91% to Rs 473.59 crore in the year ended March 2024 as against Rs 250.70 crore during the previous year ended March 2023. Sales declined 1.81% to Rs 4317.43 crore in the year ended March 2024 as against Rs 4397.05 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales1235.421141.06 8 4317.434397.05 -2
OPM %16.9119.06 -13.556.65 -
PBDT255.49253.62 1 766.57410.49 87
PBT228.81229.82 0 650.55321.29 102
NP164.90166.50 -1 473.59250.70 89

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