FINPIPE Finolex Industries Q3 FY25 results (Oct–Dec 2024) and concall
Finolex Industries reported a muted Q3 FY25 characterized by weak demand and margin pressure due to heavy industry-wide discounting. While volumes in both Pipes and Resin segments grew, weaker realizations and competitive pricing schemes dragged down profitability. The company maintains a very strong balance sheet with ₹2,300 crores in cash, partly fueled by strategic land sales, but has put greenfield expansion on hold to focus on brownfield optimization.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 |
|---|---|---|
| Revenue | 828 | 1,001 |
| EBITDA | 11 | 83 |
| Net profit | 51 | 71 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
