Volume in Pipes & Fittings segment increased by 22.98% to 1,00,171 MT in Q4 FY24 from 81,452 MT in Q4 FY23. Volume in PVC Resin segment was up 19.07% to 69,215 MT in Q4 FY24 against 58,132 MT in Q4 FY23.
EBITDA declined by 3.9% to Rs 208.93 crore in Q4 FY24 from Rs 217.43 crore in Q4 FY23. EBITDA margin was 16.9% in Q4 FY24 as against 19.1% in Q4 FY23.
Profit before tax in Q4 FY24 stood at Rs 218.73 crore, up by 1.1% from Rs 216.37 crore in Q4 FY23.
For FY24, Finolex Industries has reported net profit and total income of Rs 455.30 crore (up 92.4% YoY) and Rs 4,317.43 crore (down 1.8% YoY), respectively.
Prakash P. Chhabria, executive chairman, Finolex Industries, said: "PVC prices remained stable during the second half of the year, leading to a healthy demand. Our opera...
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