Finolex Industries expects PVC prices to soften with China dumping surplus PVC (Polyvinyl Chloride) in the Indian market. Finolex Industries is India’s largest and only backward integrated PVC pipes ...
Finolex Industries posted a profit of Rs 115.33 crore during the first quarter of FY24, up 16.2 per cent on-year. (File) PVC Pipes manufacturer Finolex Industries posted a profit of Rs 115.33 crore ...
Weaker realisations arising from volatility in PVC prices, coupled with subdued volume growth, have impacted revenue booking of Finolex’s PVC pipes and fittings business. Revenues slid to ₹1,168 crore ...
The Indian plastic pipe industry is likely to clock 10 percent CAGR over FY20-25E to reach Rs 50,000 billion by FY25E from Rs30,000 crore currently, driven by government’s initiatives like “Housing ...
Finolex Industries Limited, formerly Finolex Pipes Limited was incorporated on 28 March 1981 and was subsequently changed to Finolex Industries Limited from Finolex Pipes Limited on February 24, 1995.
For the full financial year FY24, Finolex Industries has reported a net profit of ₹455.30 crore, up 92.4 percent YoY. Shares of Finolex Industries surged 9.6 percent in intra-day deals on Tuesday to ...
The city-based pipes and fittings and PVC resin maker Finolex Industries announced a loss in Q2 FY23 of around Rs 94 crores, while its income also reduced year-on-year despite volumes increasing ...