Fineotex Chemical Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting
12-08-2025 | 08:20 pm
12-08-2025 | 08:20 pm
Fineotex Chemical's board meeting revealed strong Q1 FY26 performance. Consolidated Revenue from Operations rose 14.43% to Rs 137.07 Cr, with Profit After Tax (PAT) up 24.34% to Rs 25.03 Cr. Operational EBITDA also grew 18.37% to Rs 25.20 Cr, showing solid volume growth of 14.73%.
Big news on the operational front: The new 3 lakh sq ft Ambernath manufacturing facility has officially started commercial production, expanding capacity significantly.
The board approved Mr. Chetan Shah as an Independent Director and a new Secretarial Auditor, both subject to shareholder approval at the 22nd AGM on September 19. Employee stock options were also granted.
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