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Fineotex Chemical - Quaterly Results

09 Nov 2023 Evaluate
A decent increase of about 36.88% in the sales to Rs. 1044.20 millions was observed for the quarter ended September 2023. The sales figure stood at Rs. 762.87 millions during the year-ago period.The company almost doubled its revenue to Rs. 274.09 millions  from Rs. 119.76 millions in the quarter ended September 2023.Operating profit surged to 355.88 millions from the corresponding previous quarter of 164.74 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 1044.20 762.87 36.88 1925.30 1368.30 40.71 2955.50 2500.79 18.18
Other Income 76.20 22.29 241.86 146.75 73.40 99.93 106.56 61.39 73.58
PBIDT 355.88 164.74 116.03 648.93 313.62 106.92 716.52 595.24 20.37
Interest 1.86 1.91 -2.62 2.78 2.43 14.40 5.74 5.13 11.89
PBDT 354.02 162.83 117.42 646.15 311.19 107.64 710.78 590.11 20.45
Depreciation 11.21 7.98 40.48 21.81 15.83 37.78 33.70 22.54 49.51
PBT 342.81 154.85 121.38 624.34 295.36 111.38 677.08 567.57 19.29
TAX 68.72 35.09 95.84 124.31 61.21 103.09 156.89 127.77 22.79
Deferred Tax -1.28 2.09 -161.24 1.41 2.21 -36.20 8.76 3.92 123.47
PAT 274.09 119.76 128.87 500.03 234.15 113.55 520.19 439.80 18.28
Equity 221.50 221.50 0.00 221.50 221.50 0.00 221.50 221.50 0.00
PBIDTM(%) 34.08 21.59 57.82 33.71 22.92 47.05 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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