Finolex Industries · NSE: FINPIPE · BSE: 500940

Q2 FY24 results · Jul–Sep 2023

Finolex Industries reported revenue from operations of ₹883.15 crore (down 6.2% from Q2 FY23) and net profit of ₹97.96 crore for Q2 FY24 (Jul–Sep 2023), on a consolidated basis.

Consolidated · ₹ crore
ItemQ2 FY24Q2 FY23YoYQ1 FY24QoQ
Revenue from operations883.15941.13−6.2%1,179.17−25.1%
Other income61.3538.83+58.0%40.26+52.4%
Total income944.50979.96−3.6%1,219.43−22.5%
Profit before share of associates & JVs and tax124.49(129.71)Turned profit149.32−16.6%
Share of profit/(loss) of associates & JVs8.86(0.65)7.57
Net profit for the period97.96(95.38)Turned profit115.33−15.1%
EPS, basic (₹)1.58(1.54)Turned profit1.86−15.1%
Net margin (%)11.1-10.19.8

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
ItemQ2 FY24Q2 FY23YoYQ1 FY24QoQ
Revenue from operations883.15941.13−6.2%1,179.17−25.1%
Other income62.5139.29+59.1%40.26+55.3%
Total income945.66980.42−3.5%1,219.43−22.5%
Profit before tax125.65(129.25)Turned profit149.32−15.9%
Net profit for the period93.78(93.92)Turned profit110.88−15.4%
EPS, basic (₹)1.52(1.51)Turned profit1.79−15.1%
Net margin (%)10.6-10.09.4
Consolidated
Filed with BSE
25 Oct 2023, 09:52 IST
Board meeting
21 Oct 2023
Period
01 Jul 2023 to 30 Sep 2023
Review status
Unaudited
Source
XBRL filing on BSE
Standalone
Filed with BSE
25 Oct 2023, 09:52 IST
Board meeting
21 Oct 2023
Period
01 Jul 2023 to 30 Sep 2023
Review status
Unaudited
Source
XBRL filing on BSE