ALPHA TRIBE

Fineotex Chemical LimitedUpdates, 12-02-2025: Press Release

12-02-2025 | 08:07 pm

Consolidated total income for Fineotex Chemical Limited in the nine months of FY25 reached ₹430.31 crore, representing a slight year-on-year increase. Q3 FY25 total income was ₹130.91 crore, down 9% from the previous year due to muted demand in the FMCG sector. Operating EBITDA for 9M FY25 stood at ₹105.94 crore with a margin of 25.62%. The company's board has approved an interim dividend of ₹0.40 per equity share, amounting to ₹4.58 crore.

Despite a challenging environment, management remains optimistic, citing a solid order pipeline in emerging sectors such as oil and gas, and water treatment. Recent developments included the addition of 30 new customers in textiles during Q3. With a new plant on track for Q2 FY26 and over ₹300 crore earmarked for inorganic growth opportunities, the outlook for revenue and profitability is positive. The company has also received an upgraded rating, reinforcing confidence in its financial health.

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