Finolex Industries' Q1 FY 2025-26 Quarterly Results

Result Summary

• Finolex Industries Ltd reported a 13.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 7.3%.
• Its expenses for the quarter were down by 7.4% QoQ and up 1.6% YoY.
• The net profit decreased 40.5% QoQ and decreased 80.4% YoY.
• The earnings per share (EPS) of Finolex Industries Ltd stood at 1.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Finolex Industries Ltd is a prominent player in the Indian manufacturing sector, primarily known for its production of PVC pipes and fittings. The company is a well-established name in the agriculture and construction industries, where it provides essential products that support infrastructure development and agricultural irrigation. Finolex Industries also produces PVC resins, which are used in various industrial applications. The company operates with a focus on quality and innovation, catering to both domestic and international markets. While the data provided does not include recent developments, Finolex Industries has historically been involved in expanding its production capacities and enhancing its product portfolio to meet growing demand.

Revenue

The revenue performance of Finolex Industries Ltd in Q1FY26 shows a total income of ₹1107.83 crores. This represents a decline of 13.4% compared to the preceding quarter, Q4FY25, where the total income was ₹1279.21 crores. On a year-over-year basis, the total income decreased by 7.3% from ₹1195.39 crores in Q1FY25. These figures suggest a decrease in revenue generation both sequentially and annually during the period under review. The financial data does not provide insights into the reasons behind these changes in total income.

Profitability

Profitability for Finolex Industries Ltd experienced a significant downturn in Q1FY26. The profit before tax was recorded at ₹126.15 crores, marking a substantial decrease of 42.3% from the previous quarter's ₹218.73 crores. Year-over-year, the decline is more pronounced at 80.5% from a profit before tax of ₹645.81 crores in Q1FY25. Tax expenses for Q1FY26 amounted to ₹32.80 crores, which is a 48.7% decrease compared to Q4FY25 and a 77.5% reduction from Q1FY25. Consequently, the profit after tax for Q1FY26 was ₹98.16 crores, down 40.5% quarter-over-quarter and 80.4% year-over-year. Earnings per share also saw a significant decline, standing at ₹1.60, compared to ₹2.70 in Q4FY25 and ₹8.10 in Q1FY25.

Operating Metrics

The operating metrics for Finolex Industries Ltd show a reduction in total expenses during Q1FY26, which stood at ₹981.68 crores. This represents a 7.4% decrease from Q4FY25's total expenses of ₹1060.48 crores. Compared to Q1FY25, total expenses saw a slight increase of 1.6% from ₹966.57 crores. The decrease in expenses on a quarter-over-quarter basis did not offset the decline in revenue, affecting overall profitability. The financial data provided does not include specific key financial ratios or further breakdowns of operating costs, which would give more insight into operational efficiencies and cost management strategies.