Finolex Industries’ declares groundbreaking profit after tax at INR 3,522 mn up 38.44% from previous year

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Finolex Industries Limited, Pune, India, May 26, 2017:

Finolex Industries Limited (NSE:FINPIPE | BSE:500940), India’s leading manufacturer of PVC Pipes & Fittings, at its Board Meeting held today announced audited financial results for the fourth quarter and year ended March 31, 2017.

 

 

Fourth Quarter Highlights
  • The sales volume for PVC Pipes & Fittings was at 63,982 MT in Q4FY17 against 67,693 MT in Q4FY16
  • Total income from operations was at INR 10,164 mn for Q4FY17 against INR 9,260 mn in Q4FY16
  • EBITDA for the quarter stood at INR 1,785 mn for Q4FY17 against INR 1,156 mn for Q4FY16
  • Profit after tax was at INR 1,233 mn for Q4FY17 against INR 820 mn for Q4FY16

 

 

12 months Highlights
  •  The sales volume for PVC Pipes & Fittings was at 2,09,339 MT in FY17 against 2,08,764 MT in FY16.
  • Total income from operations was at INR 29,876 mn for FY17 against INR 28,431 mn in FY16.
  • EBITDA stood at INR 5,630 mn for FY17 against INR 4,044 mn in FY16.
  • Profit after tax was at INR 3,522 mn for FY17 against INR 2,544 mn in FY16.

 

 

Particulars (INR Mn) Q4FY17 Q4FY16 FY17 FY16
Total Income from operations 10,164 9,260 29,876 28,431
EBIDTA 1,785 1,156 5,630 4,044
EBIDTA margin (%) 17.56% 12.48% 18.84% 14.22%
Depreciation 139 127 550 506
EBIT 1,646 1,029 5,080 3,538
EBIT % 16.19% 11.11% 17.00% 12.44%
Other Income 94 198 243 396
Finance costs 11 45 153 447
Exceptional items (gain)/loss                             –                         –  –         (245)
PBT 1729 1181 5170 3733
PBT % 17.01% 12.75% 17.30% 13.13%
Tax 496 361 1648 1189
PAT 1,233 820 3,522 2,544
PAT % 12.13% 8.86% 11.79% 8.95%

 

ited (NSE:FINPIPE | BSE:500940), India’s leading manufacturer of PVC Pipes & Fittings, at its Board Meeting held today announced audited financial results for the fourth quarter and year ended March 31, 2017.

 

 

Fourth Quarter Highlights
  • The sales volume for PVC Pipes & Fittings was at 63,982 MT in Q4FY17 against 67,693 MT in Q4FY16
  • Total income from operations was at INR 10,164 mn for Q4FY17 against INR 9,260 mn in Q4FY16
  • EBITDA for the quarter stood at INR 1,785 mn for Q4FY17 against INR 1,156 mn for Q4FY16
  • Profit after tax was at INR 1,233 mn for Q4FY17 against INR 820 mn for Q4FY16

 

 

 

12 months Highlights
  • The sales volume for PVC Pipes & Fittings was at 2,09,339 MT in FY17 against 2,08,764 MT in FY16.
  • Total income from operations was at INR 29,876 mn for FY17 against INR 28,431 mn in FY16.
  • EBITDA stood at INR 5,630 mn for FY17 against INR 4,044 mn in FY16.
  • Profit after tax was at INR 3,522 mn for FY17 against INR 2,544 mn in FY16.

 

 

Particulars (INR Mn) Q4FY17 Q4FY16 FY17 FY16
Total Income from operations 10,164 9,260 29,876 28,431
EBIDTA 1,785 1,156 5,630 4,044
EBIDTA margin (%) 17.56% 12.48% 18.84% 14.22%
Depreciation 139 127 550 506
EBIT 1,646 1,029 5,080 3,538
EBIT % 16.19% 11.11% 17.00% 12.44%
Other Income 94 198 243 396
Finance costs 11 45 153 447
Exceptional items (gain)/loss                             –                         –  –         (245)
PBT 1729 1181 5170 3733
PBT % 17.01% 12.75% 17.30% 13.13%
Tax 496 361 1648 1189
PAT 1,233 820 3,522 2,544
PAT % 12.13% 8.86% 11.79% 8.95%

 

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