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Fineotex Chemical - Quaterly Results

04 Aug 2023 Evaluate
The sales moved up 45.53% to Rs. 881.10 millions for the June 2023 quarter as compared to Rs. 605.43 millions during the year-ago period.Profit for the quarter ended June 2023 rises by 97.52% to Rs. 225.94  millions from Rs. 114.39 millions.Operating profit for the quarter ended June 2023 rose to 293.05 millions as compared to 148.88 millions of corresponding quarter ended June 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 881.10 605.43 45.53 881.10 605.43 45.53 2955.50 2500.79 18.18
Other Income 70.55 51.11 38.04 70.55 51.11 38.04 106.56 61.39 73.58
PBIDT 293.05 148.88 96.84 293.05 148.88 96.84 716.52 595.24 20.37
Interest 0.92 0.52 76.92 0.92 0.52 76.92 5.74 5.13 11.89
PBDT 292.13 148.36 96.91 292.13 148.36 96.91 710.78 590.11 20.45
Depreciation 10.60 7.85 35.03 10.60 7.85 35.03 33.70 22.54 49.51
PBT 281.53 140.51 100.36 281.53 140.51 100.36 677.08 567.57 19.29
TAX 55.59 26.12 112.83 55.59 26.12 112.83 156.89 127.77 22.79
Deferred Tax 2.69 0.12 2141.67 2.69 0.12 2141.67 8.76 3.92 123.47
PAT 225.94 114.39 97.52 225.94 114.39 97.52 520.19 439.80 18.28
Equity 221.50 221.50 0.00 221.50 221.50 0.00 221.50 221.50 0.00
PBIDTM(%) 33.26 24.59 35.25 33.26 24.59 35.25 24.24 23.80 1.85
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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