Finolex Industries · NSE: FINPIPE · BSE: 500940

Q2 FY23 results · Jul–Sep 2022

Finolex Industries reported revenue from operations of ₹941.13 crore (down 13.1% from Q2 FY22) and net loss of ₹95.38 crore for Q2 FY23 (Jul–Sep 2022), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY23	Q2 FY22	YoY	Q1 FY23	QoQ
Revenue from operations	941.13	1,082.95	−13.1%	1,189.81	−20.9%
Other income	38.83	28.94	+34.2%	25.07	+54.9%
Total income	979.96	1,111.89	−11.9%	1,214.88	−19.3%
Profit before share of associates & JVs and tax	(129.71)	309.38	Turned loss	118.31	Turned loss
Share of profit/(loss) of associates & JVs	(0.65)	(1.35)		(1.39)
Net profit for the period	(95.38)	233.25	Turned loss	99.22	Turned loss
EPS, basic (₹)	(1.54)	3.76	Turned loss	1.60	Turned loss
Net margin (%)	-10.1	21.5		8.3

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q2 FY23	Q2 FY22	YoY	Q1 FY23	QoQ
Revenue from operations	941.13	1,082.95	−13.1%	1,189.81	−20.9%
Other income	39.29	29.87	+31.5%	25.07	+56.7%
Total income	980.42	1,112.82	−11.9%	1,214.88	−19.3%
Profit before tax	(129.25)	310.31	Turned loss	118.31	Turned loss
Net profit for the period	(93.92)	235.08	Turned loss	100.09	Turned loss
EPS, basic (₹)	(1.51)	3.79	Turned loss	1.61	Turned loss
Net margin (%)	-10.0	21.7		8.4

Consolidated

Filed with BSE: 24 Oct 2022, 17:58 IST
Board meeting: 21 Oct 2022
Period: 01 Jul 2022 to 30 Sep 2022
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 24 Oct 2022, 17:58 IST
Board meeting: 21 Oct 2022
Period: 01 Jul 2022 to 30 Sep 2022
Review status: Unaudited
Source: XBRL filing on BSE