Fineotex Chemical consolidated net profit rises 47.24% in the March 2022 quarter

Sales rise 61.81% to Rs 121.39 crore

Net profit of Fineotex Chemical rose 47.24% to Rs 16.52 crore in the quarter ended March 2022 as against Rs 11.22 crore during the previous quarter ended March 2021. Sales rose 61.81% to Rs 121.39 crore in the quarter ended March 2022 as against Rs 75.02 crore during the previous quarter ended March 2021.

For the full year,net profit rose 29.54% to Rs 55.17 crore in the year ended March 2022 as against Rs 42.59 crore during the previous year ended March 2021. Sales rose 68.52% to Rs 368.23 crore in the year ended March 2022 as against Rs 218.51 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales121.3975.02 62 368.23218.51 69 OPM %17.7017.13 -19.3418.57 - PBDT21.5115.51 39 75.8057.34 32 PBT20.6315.11 37 73.2955.86 31 NP16.5211.22 47 55.1742.59 30

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