Fineotex Chemical Limited — Board Meeting, 13-11-2024: Outcome of Board Meeting

The board meeting has approved the unaudited standalone and consolidated financial results for the quarter and half-year. Standalone revenue from operations increased by 8.21% to ₹115.36 Cr, with a profit after tax (PAT) of ₹31.45 Cr, reflecting a growth of 43.94%. For the half-year, revenue rose by 15.29% to ₹221.98 Cr, and PAT increased by 6.60% to ₹53.30 Cr. Consolidated revenue also saw a slight quarter-on-quarter rise of 2.70% to ₹145.73 Cr, with PAT climbing by 9.90% to ₹32.07 Cr. Additionally, the company successfully raised ₹218.11 Cr through a preferential allotment of equity shares and convertible warrants.