Finolex Industries has reported results for third quarter ended December 31, 2014.
The company has reported a net loss of Rs 43.81 crore for the quarter under review as compared to a net profit of Rs 63.88 crore for the same quarter in the previous year. Total income of the company decreased by 2.48% at Rs 644.36 crore for Q3FY15 as compared Rs 660.77 crore for the corresponding quarter previous year.
Finolex is the largest player in the fragmented and competitive PVC pipes and fittings market in India, with an overall share of around 22%. In addition, its established brand equity and large dealer network have enabled it to capture a significant share of the growing retail PVC pipe market.
Company Name | CMP |
---|---|
Supreme Industries | 4394.00 |
Astral | 2043.00 |
Finolex Inds | 272.10 |
EPL | 182.15 |
Jain Irrigation Sys | 59.34 |
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