Finolex Industries Q1 Results: F.Y. 25-26 - FINPIPE
Finolex Industries Q1 Results: F.Y. 25-26 - FINPIPE
Finolex Q1 Highlights (Consolidated, YoY)
1) Revenue down 8.5% to Rs 1,043.15 crore versus Rs 1,140.49 crore.
2) Ebitda down 54.7% to Rs 93.59 crore versus Rs 206.65 crore. Margin at 9% versus 18.1%.
3) Net profit down 80.4% to Rs 98.16 crore versus Rs 500.73 crore.
4) The shares of Finolex Pipes closed 2.69% lower at Rs 200.72 on Friday, compared to a 0.82% decline in the benchmark index Nifty 50 at close.
5) Results are below expectations
6) All this is for information.
7) This is not a buy/sell recommendation.
Thank you,
Technofunda24
#WatchOutFor#FundamentalViews
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