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 ...
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 ...
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 ...