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Fineotex Chemical - Quaterly Results

28 May 2024 Evaluate
The sales figure stood at Rs. 1184.70 millions for the March 2024 quarter. The mentioned figure indicates a growth of about 29.47% as compared to Rs. 915.05 millions during the year-ago period.Net Profit for the quarter ended March 2024 zoomed to 119.25% from Rs. 150.02 millions to Rs. 328.92  millions.Operating Profit saw a handsome growth to 422.35 millions from 210.42 millions in the quarter ended March 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 1184.70 915.05 29.47 4189.28 2955.50 41.75 4189.28 2955.50 41.75
Other Income 135.18 17.10 690.53 324.24 106.56 204.28 324.24 106.56 204.28
PBIDT 422.35 210.42 100.72 1458.81 716.52 103.60 1458.81 716.52 103.60
Interest 3.34 2.09 59.81 8.11 5.74 41.29 8.11 5.74 41.29
PBDT 419.01 208.33 101.13 1450.70 710.78 104.10 1450.70 710.78 104.10
Depreciation 11.98 9.20 30.22 45.25 33.70 34.27 45.25 33.70 34.27
PBT 407.03 199.13 104.40 1405.45 677.08 107.58 1405.45 677.08 107.58
TAX 78.11 49.11 59.05 299.19 156.89 90.70 299.19 156.89 90.70
Deferred Tax 7.75 3.98 94.72 14.13 8.76 61.30 14.13 8.76 61.30
PAT 328.92 150.02 119.25 1106.26 520.19 112.66 1106.26 520.19 112.66
Equity 221.53 221.50 0.01 221.53 221.50 0.01 221.53 221.50 0.01
PBIDTM(%) 35.65 23.00 55.03 34.82 24.24 43.64 34.82 24.24 43.64
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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