Finolex Industries reported its fourth quarter earnings on Friday, May 23.
The company reported a 5% decrease in its revenue at ₹1,171.8 crore in the March quarter. In the same period of the previous fiscal, it had reported a revenue of ₹1,235.4 crore.
The company's net profit was flat at ₹165 crore.
Its earnings before interest, taxes, depreciation and amortisation (EBITDA) was down 18% at ₹171.3 crore compared to ₹209 crore in the year-ago period.
Finolex Industries' margin contracted to 14.62% from 16.9% in the previous year.
The company's board of directors also recommended a final dividend of ₹2 per fully paid-up equity share of face value ₹2 each and a special dividend of ₹1.6 per equity share aggregating to a total dividend of ₹3.6 per equity share, which is 180% for the financial year 2025. The same is subject to approval of members at its 44th annual general meeting.
Shares of Finolex Industries ended 6% higher at ₹207.49 apiece on Friday, May 23. The stock has gained 17.7% in the past month.
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The company reported a 5% decrease in its revenue at ₹1,171.8 crore in the March quarter. In the same period of the previous fiscal, it had reported a revenue of ₹1,235.4 crore.
The company's net profit was flat at ₹165 crore.
Its earnings before interest, taxes, depreciation and amortisation (EBITDA) was down 18% at ₹171.3 crore compared to ₹209 crore in the year-ago period.
Finolex Industries' margin contracted to 14.62% from 16.9% in the previous year.
The company's board of directors also recommended a final dividend of ₹2 per fully paid-up equity share of face value ₹2 each and a special dividend of ₹1.6 per equity share aggregating to a total dividend of ₹3.6 per equity share, which is 180% for the financial year 2025. The same is subject to approval of members at its 44th annual general meeting.
Shares of Finolex Industries ended 6% higher at ₹207.49 apiece on Friday, May 23. The stock has gained 17.7% in the past month.
Also Read: Ashoka Buildcon Q4 | Net Profit rises to ₹432.2 crore, margin expands to 28.9%
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