The company reported a consolidated revenue of Rs. 141.9 crore for Q1 FY2025,
Fineotex Chemical Limited (FCL), one of India’s most innovative specialty chemicals producer with a market leading position, has announced its consolidated financial results for Q1 FY2025.
The company reported a consolidated revenue of Rs. 141.9 crore for Q1 FY2025, reflecting a growth of 7.3% YoY, driven by an increase in the share of business from core client across key divisions.
FCL’s EBITDA amounted to Rs. 35.3 crore, demonstrating a YoY growth of 11.8% with a margin of 24.8%. Correspondingly, PAT reached Rs. 29.2 crore, showing a YoY growth of 11.7% with a margin of 20.6%.
Commenting on the performance, Sanjay Tibrewala, Executive Director and CFO, Fineotex Chemical, said: “This quarter, Fineotex Chemical successfully raised Rs. 3,425.5 million through preferential allotment. The capital raised will be utilized strategically to support both organic and inorganic growth opportunities, including future expansion and meeting operational needs as outlined in the offer document.
"The company also announces the appointment of Dr. Amit Prabhakar Pratap , Head of the Department at the Institute of Chemical Technology, Mumbai (formerly known as UDCT), as an Additional Director in the category of Non-Executive, Independent Director. His experience and expertise will enhance the governance and strategic direction of Fineotex Chemical.
"Looking ahead, Fineotex Chemical is optimistic about the upcoming quarters and is committed to exploring growth opportunities while delivering operational efficiencies thereby ensuring long term value to shareholders.”
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