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Fine Organic Industries reports around 3-fold jump in Q1 net profit

17 Aug 2018 Evaluate

Fine Organic Industries has reported results for first quarter ended June 30, 2018.

The company has reported around 3-fold jump in its net profit at Rs 37.07 crore for the quarter under review as compared to net profit of Rs 13.18 crore for the same quarter in the previous year. Total income of the company increased by 33.87% at Rs 248.60 crore for Q1FY19 as compared Rs 185.70 crore for the corresponding quarter previous year.

Fine Organic Industries produces a wide range of specialty plant derived oleo chemical -based additives used in food, plastic, cosmetics, paint, ink, coatings and other specialty application in various industries.

Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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