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Finolex Industries consolidated net profit rises 23.52% in the December 2019 quarter

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Capital Market

Sales decline 7.56% to Rs 699.40 crore

Net profit of Finolex Industries rose 23.52% to Rs 98.53 crore in the quarter ended December 2019 as against Rs 79.77 crore during the previous quarter ended December 2018. Sales declined 7.56% to Rs 699.40 crore in the quarter ended December 2019 as against Rs 756.61 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales699.40756.61 -8 OPM %19.7918.36 -PBDT151.43144.60 5 PBT132.67124.97 6 NP98.5379.77 24

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First Published: Feb 12 2020 | 4:56 PM IST

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