Fineotex Chemical consolidated net profit rises 16.62% in the March 2024 quarter

Sales rise 11.13% to Rs 153.02 crore

Net profit of Fineotex Chemical rose 16.62% to Rs 30.11 crore in the quarter ended March 2024 as against Rs 25.82 crore during the previous quarter ended March 2023. Sales rose 11.13% to Rs 153.02 crore in the quarter ended March 2024 as against Rs 137.69 crore during the previous quarter ended March 2023.

For the full year,net profit rose 35.65% to Rs 119.81 crore in the year ended March 2024 as against Rs 88.32 crore during the previous year ended March 2023. Sales rose 10.05% to Rs 568.97 crore in the year ended March 2024 as against Rs 517.00 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales153.02137.69 11 568.97517.00 10 OPM %25.0223.76 -26.0821.78 - PBDT41.8534.54 21 163.59119.08 37 PBT40.0033.38 20 157.57114.80 37 NP30.1125.82 17 119.8188.32 36

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