Finolex Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Finolex Industries Ltd reported a 17.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 0.6%.
• Its expenses for the quarter were down by 22.6% QoQ and 10.7% YoY.
• The net profit increased 25.9% QoQ and increased 203.8% YoY.
• The earnings per share (EPS) of Finolex Industries Ltd stood at 2 during Q2 FY 2025-26.

Financial Statments for Q2 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 leading manufacturer in India, primarily engaged in the production of polyvinyl chloride (PVC) pipes and fittings. The company operates within the chemicals and petrochemical industry, providing essential materials for various infrastructure and agricultural applications. As part of its diverse offerings, Finolex Industries is noted for its extensive distribution network throughout the country, catering to a wide array of consumers in both rural and urban areas. Recent developments include efforts to expand its manufacturing capabilities and improve operational efficiencies, although specific details of such initiatives are not provided in the current dataset.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Finolex Industries Ltd reported a total income of ₹916.49 crores. This figure reflects a decrease from the previous quarter (Q1FY26), where total income was ₹1107.83 crores, marking a quarter-over-quarter (QoQ) decline of 17.3%. On a year-over-year (YoY) basis, comparing Q2FY26 to the same quarter in the previous fiscal year (Q2FY25), there is a slight increase of 0.6% from ₹911.05 crores. The company's revenue performance indicates fluctuations over the periods, with a notable decline from the previous quarter but a marginal increase compared to the same period last year.

Profitability

During Q2FY26, the company achieved a Profit Before Tax (PBT) of ₹156.18 crores, representing a significant improvement of 23.8% from the previous quarter's ₹126.15 crores. When examined on a YoY basis, PBT surged by 160.5% compared to ₹59.96 crores in Q2FY25. The tax expense for Q2FY26 was ₹42.54 crores, up 29.7% from the previous quarter and doubling from the same quarter last year. Profit After Tax (PAT) for Q2FY26 stood at ₹123.56 crores, a 25.9% increase from Q1FY26 and a substantial 203.8% rise from Q2FY25. Earnings Per Share (EPS) also showed growth, with a 25.8% QoQ increase to ₹2.00 and a 203.0% YoY increase from ₹0.66 in Q2FY25. These metrics highlight the company's enhanced profitability over these periods.

Operating Metrics

Total expenses for Finolex Industries in Q2FY26 amounted to ₹760.31 crores, indicating a 22.6% reduction from the previous quarter's ₹981.68 crores. When compared to the same quarter last year, expenses decreased by 10.7% from ₹851.09 crores. The company's ability to reduce expenses while increasing profits suggests effective cost management during this period. Notably, the company's operations resulted in improved margins, as evidenced by the growth in profits despite the reduction in total income. The data reflects the company's focus on optimizing operational efficiencies and managing costs effectively.