Finolex Industries has reported results for first quarter ended June 30, 2012.
The company has reported a net loss of Rs 13.74 crore for the quarter under review as compared to a net profit of Rs 16.70 crore for the same quarter in the previous year. However, the total income from operation of the company has increased by 2.67% at Rs 519.85 crore for Q1FY13 as compared Rs 506.34 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 | 5266.70 |
Astral | 2159.60 |
Finolex Inds | 272.65 |
EPL | 191.55 |
Jain Irrigation Sys | 68.63 |
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