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Finolex Industries reports around 3-fold jump in Q2 net profit

Finolex Industries has reported results for second quarter ended September 30, 2018.

The company has reported around 3-fold jump in its net profit at Rs 76.42 crore for the quarter under review as compared to Rs 28.28 crore for the same quarter in the previous year. Total income of the company increased by 14.13% at Rs 554.91 crore for Q2FY19 as compared Rs 486.21 crore for the corresponding quarter previous year.

Finolex Industries is the largest PVC pipe manufacturer in India. The company’s product range includes PVC Resin, PVC-U Pipes & Fittings, Selfit PVC-U Pipes,Ringfit PVC-U Pipes,Moulded Fittings for Agriculture etc.

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