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Finolex Industries swings to huge profit of Rs.30.60 crore in Q3

Finolex Industries Ltd has announced its financial results for the quarter ended December 31, 2012.

The company has posted net profit of Rs.306.090 million for the quarter ended December 31, 2012 as compared to (Rs.17.624) million for the quarter ended December 31, 2011.

Total income was at Rs.6144.474 million for the quarter ended December 31, 2012 where as the same was at Rs.5687.020 million for the quarter ended December 31, 2011, representing an increase of 8.04%.

The company has reported an EPS of Rs.2.47 for the quarter ended December 31, 2012 as compared to (Rs.0.14) for the quarter ended December 31, 2011.

The company has posted net profit of Rs.567.905 million for the 9 months period ended December 31, 2012 as compared to Rs.189.611 million for the 9 months period ended September 30, 2011, representing an increase of 199.51%.

Total income was at Rs.15152.312 million for the 9 months period ended September 30, 2012 where as the same was at Rs.15067.666 million for the 9 months ended December 31, 2011, representing an increase of 0.56%.

The company has reported an EPS of Rs.4.58 for the 9 months period ended December 31, 2012 as compared to Rs.1.53 for the 9 months period ended December 31, 2011.

Shares of Finolex Industries Ltd was trading in BSE at Rs.60.80, up by Rs.0.15 or 0.25%. The stock hit an intraday high of Rs.61.50 and low of Rs.60.60.

The total traded quantity was 0.27 lakhs compared to 2 week average of 0.34 lakhs.

Source: Equity Bulls

Posted On: 2013-01-19 11:43:36

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