Finolex India

Finolex Industries has posted a 21.93 per cent rise in sales to Rs 197.93 crore (Rs 162.32 crore) during the second quarter ended January 2000. Net profit during the period shot up by 191.59 per cent to Rs 20.82 crore (Rs 7.14 crore). Total expenditure was up by 16.68 per cent to Rs 154.47 crore (Rs 132.38 crore), while interest cost was down at Rs 13.01 crore (Rs 14.18 crore). The sales and expenditure figures include value of inter-divisional transfers of PVC of Rs 19.80 crore.