Finolex Industries Q4 FY10 Results : Net surges 80.73%

by khalid on 28/04/2010 · 0 comments

Finolex Industries Ltd. is a group company of Finolex Group. Finolex Industries Ltd’s principal activities centering round the manufactures and marketing of products like polyvinyl chloride, pipes, fittings and associated products. The company has achieved a significant rise in standalone profit and posted a net profit of Rs 58.71 crores in the Q4 FY10 of the current fiscal (FY10), ended in Mar 2010. The company had recorded a net profit of Rs 33.04crores in the corresponding quarter Q4 FY09 of the last fiscal (FY09), ended in Mar 2009. This is an increase of 80.73%.

The company informed the market(BSE) that the net sales increased by 14.67% to Rs 484.89 crores in Q4 FY10 when compared with the same quarter Q4 FY09 of previous year. Net sales was Rs 422.87 crores in last year’s same quarter.

The company board has recommended a dividend of Rs 3.00 per share for the year ended 31st March 2010.

Share’s Data :-
BSE Code : 500940
ISIN Demat : INE183A01016
Market Cap : Rs 954 Crores
P/E Ratio: 7.35
EPS (Rs): 10.67 in Mar 2010
Face Value : Rs 10
Last bonus : 4:1 in May 1989
Last Dividend : 30% in Apr 2010
52 Week H/L : Rs 80.35 / 31.00
Finolex Industries Ltd. share’s CMP is Rs 77.00 on 27th Apr 2010.

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