Finolex Industries is eying to double its top-line to Rs 5,000 crore in the next 3-4 years on the back of strong demand expected from both agri and non-agri segments. In fiscal 2015, the company’s annual turnover stood at Rs 2,476.15 crore and it reported a profit of Rs 47.78 crore.
The company manufactures PVC-U pipes and fittings, prominently in agriculture and also in non-agriculture sector including housing, telecom, construction and industries. The Pune based company has three plants in Baroda, Pune and Ratnagiri with a combined capacity 2.5 lakh tonnes of PVC pipes and fittings.
