Finolex Industries reports 20% rise in Q2 consolidated net profit

27 Oct 2020

Finolex Industries has reported results for second quarter ended September 30, 2020.

The company has reported 16.61% rise in its net profit of Rs 119.72 crore for the quarter under review as against net profit of Rs 102.67 crore for the same quarter in the previous year. Total income of the company increased 4.07% at Rs 618.24 crore for Q2FY21 as compared Rs 594.09 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 20.10% rise in its net profit at Rs 122.83 crore for the quarter under review as against net profit of Rs 102.27 crore for the same quarter in the previous year. Total income of the company increased by 4.07% at Rs 617.31 crore for Q2FY21 as compared Rs 593.16 crore for the corresponding quarter previous year.

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SEBI Registered: Investment Adviser - INA000013323

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