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Fineotex Chemical - Quaterly Results

28 May 2024 Evaluate
The Sales for the quarter ended March 2024 of Rs. 1184.70 millions rose by 29.47% from Rs. 915.05 millions.The company almost doubled its revenue to Rs. 328.92 millions  from Rs. 150.02 millions in the quarter ended March 2024.Operating profit for the quarter ended March 2024 rose to 422.35 millions as compared to 210.42 millions of corresponding quarter ended March 2023.


(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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