By: ICN Bureau
Last updated : May 26, 2025 7:06 pm
Profit after tax was increased to Rs. 777.86 crore (including exception gain) for FY25 compared to Rs. 455.30 crore in FY24
Finolex Industries Limited has announced audited financial results for the fourth quarter ended Mar 31, 2025.
In Q4 FY25, the company reported total income from operations at Rs, 1,171.81 crore down 5 per cent against Rs. 1,235.42 crore in Q4FY24 due to realization. EBITDA stood at Rs. 171.27 crore against the EBITDA of Rs. 208.93 crore for Q4 FY24. PAT stood at Rs. 150.26 crore in against PAT of Rs. 161.43 crore in Q4 FY24. Volume in Pipes & Fittings segment increased by 2 per cent to 102,253 MT against 100,171 MT in Q4 FY24 in-spite of weak demand scenario.
For FY25, Finolex reported total income from operations at Rs. 4,141.97 crore, down 4 per cent against Rs. 4,317.43 crore in FY24. EBITDA stood at Rs. 475.80 crore down by 19 per cent against EBITDA of Rs. 584.45 crore for FY24. Profit after tax was increased to Rs. 777.86 crore (including exception gain) for FY25 compared to Rs. 455.30 crore in FY24. Volume in resin segment grew by 13 per cent to 2, 22,708 MT in FY25 against 1, 96,542 MT in FY24. Volume in Pipes & Fittings segment was up by 3 per cent to 3, 47,982 MT in FY25 against 3, 36,577 MT in FY24 in spite of weak demand scenario.
Commenting on the quarterly and annual results, Prakash P. Chhabria, Executive Chairman, Finolex Industries Limited said, “FIL has registered modest volume growth in Pipes & Fittings volume in-spite of weak demand scenario during the quarter and year. The operating performance of the company is muted mainly due to weaker realization on account of volatility in PVC prices. The Company’s endeavor to grow in non-agri segment is on-going.”