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“Finolex Industries is undergoing a transformation,” says Jignesh Kamani of Nirmal Bang Securities, as it has moved its business model from B2B (PVC resin) to B2C (PVC pipes).
We remain positive on Finolex Industires’ volume growth and healthy margin with PVC-EDC spread for near term, post our recent management meeting. Finolex Industires will continue to focus on ...
For revenues, Finolex earned Rs 941 crores for Q2 FY23, a 13% decline year-on-year. Finolex’s volumes, in both its pipes and fittings, and PVC resin segments, grew by around 6% and 7% ...
Volume in PVC Resin segment increased by 7% to 40,236 MT against 37,516 MT in Q2FY24. EBITDA stood at ₹ 10.57 Cr against the EBITDA of ₹ 102.98 Cr for Q2FY24. PAT stood at ₹ 51.44 Cr in ...
Finolex Industries’ PVC resin segment posted a revenue of Rs 359.41 crore during the first quarter of FY24 and its PVC pipes and fittings business vertical clocked a revenue of Rs 1154.21 crore ...
Finolex Industries reported unaudited Q1FY24 financial results with a decrease in revenue but strong margins and volume growth in the PVC pipes and fittings segment. Despite a correction in PVC ...
Barely ebullient PVC prices coupled with weak dispatches of PVC resins explain much of the timidity in revenues of Finolex's PVC segment, thus casting its harrowing shadow on the earnings - EBIT ...
Finolex Industries' net consolidated total income stood at Rs 1,219.43 crore in Q1 FY24, ... Revenue from the PVC Pipes & Fittings segment stood at Rs 1,154.21 crore while the revenue from PVC Resin ...
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Finolex Ind spurts after PAT soars 112% QoQ - MSNHowever, the company's standalone net profit fell 6.92% while net sales declined 5.15% in Q4 March 2025 over Q4 March 2024. EBITDA for Q4 stood at Rs 171.27 crore, down 18.03% YoY.
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