ALPHA TRIBE

Fine Organic Industries LimitedImportant, 12-02-2025: Updates

12-02-2025 | 05:58 pm

The Board of Directors of Fine Organic Industries Limited has approved the standalone and consolidated financial results for the quarter and nine months ended December 31, 2024.

**Standalone Financial Highlights:**

- Revenue from Operations decreased to ₹52,151.49 lakh from ₹59,546.71 lakh in the previous quarter.

- Net Profit for the period was ₹8,901.12 lakh, down from ₹11,311.41 lakh quarter-on-quarter.

- Earnings Per Share (Basic) stood at ₹29.03 compared to ₹36.89 previously.

**Consolidated Financial Highlights:**

- Revenue from Operations declined to ₹51,321.84 lakh from ₹59,581.94 lakh.

- Net Profit for the consolidated results was ₹8,268.74 lakh, compared to ₹11,744.13 lakh in the previous quarter.

- Earnings Per Share (Basic) reduced to ₹26.97 from ₹38.30.

**Strategic Developments:**

The company's manufacturing plant has resumed operations after a disruption caused by a fire incident, with potential for recovery as operations stabilize. Shareholders should anticipate a cautious outlook as the company adjusts to recent operational challenges and works to regain profitability momentum.

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