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Fineotex Chemical - Quaterly Results

29 Jul 2022 Evaluate
A decent increase of about 46.69% in the sales to Rs. 605.43 millions was observed for the quarter ended June 2022. The sales figure stood at Rs. 412.72 millions during the year-ago period.Handsome Net Profit growth of 60.50% reported above the corresponding previous quarter figure of Rs. 114.39 millions to Rs. 71.27 millions.The company reported a good operating profit of 148.88 millions compared to 95.49 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 605.43 412.72 46.69 605.43 412.72 46.69 2500.79 1294.78 93.14
Other Income 51.11 28.62 78.58 51.11 28.62 78.58 61.39 155.23 -60.45
PBIDT 148.88 95.49 55.91 148.88 95.49 55.91 595.24 467.40 27.35
Interest 0.52 1.08 -51.85 0.52 1.08 -51.85 5.13 3.17 61.83
PBDT 148.36 94.41 57.14 148.36 94.41 57.14 590.11 464.23 27.12
Depreciation 7.85 4.83 62.53 7.85 4.83 62.53 22.54 14.20 58.73
PBT 140.51 89.58 56.85 140.51 89.58 56.85 567.57 450.03 26.12
TAX 26.12 18.31 42.65 26.12 18.31 42.65 127.77 90.15 41.73
Deferred Tax 0.12 2.31 -94.81 0.12 2.31 -94.81 3.92 12.15 -67.74
PAT 114.39 71.27 60.50 114.39 71.27 60.50 439.80 359.88 22.21
Equity 221.50 221.50 0.00 221.50 221.50 0.00 221.50 221.50 0.00
PBIDTM(%) 24.59 23.14 6.28 24.59 23.14 6.28 23.80 36.10 -34.06
Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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