Finolex Industries' net profit during the first quarter of the current fiscal jumped 307 per cent to Rs 47.86 crore as compared to Rs 11.74 crore posted over the corresponding quarter of the previous fiscal.
This despite a sharp decline of 25.8 per cent in revenues to Rs 363.32 crore during the April-June quarter as against Rs 489.75 crore reported a year back, the company said in a filing to the Bombay Stock Exchange.
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