Fine Organic Industries Limited — Important, 12-02-2025: Updates
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.
