Finolex Industries' Q2 FY 2026-27 Quarterly Results

Result Summary

• Finolex Industries Ltd reported a 19.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 25.4%.
• Its expenses for the quarter were up by 23.4% QoQ and 31.7% YoY.
• The net profit increased 0.4% QoQ and decreased 6.9% YoY.
• The earnings per share (EPS) of Finolex Industries Ltd stood at 1.86 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Finolex Industries Ltd is a leading manufacturer in India, primarily engaged in the production and distribution of polyvinyl chloride (PVC) pipes and fittings. The company is part of the broader plastic manufacturing industry, serving a diverse range of sectors including agriculture, construction, and infrastructure. Finolex Industries Ltd has established a strong market presence with a comprehensive product portfolio that addresses the needs of both rural and urban markets. While specific recent developments are not detailed in the provided information, the company generally focuses on expanding its market reach and enhancing its product offerings to capitalize on the growing demand for durable and cost-effective piping solutions.

Revenue

In the second quarter of the fiscal year 2027 (Q2FY27), Finolex Industries Ltd reported a total income of ₹1149.29 crores. This represents a significant quarter-over-quarter (QoQ) increase of 19.9% from ₹958.91 crores in the first quarter of fiscal year 2027 (Q1FY27). On a year-over-year (YoY) basis, the total income grew by 25.4% compared to ₹916.49 crores in the second quarter of fiscal year 2026 (Q2FY26). Such growth in total income suggests strong operational performance and increased market demand for the company's products in the current fiscal year.

Profitability

The company's profit before tax (PBT) for Q2FY27 was ₹148.11 crores, which shows a modest QoQ increase of 0.4% from ₹147.56 crores in Q1FY27. However, this figure reflects a YoY decrease of 5.2% from ₹156.18 crores in Q2FY26. The profit after tax (PAT) in Q2FY27 was ₹115.02 crores, marking a slight QoQ increase of 0.4% from ₹114.52 crores in the previous quarter and a YoY decrease of 6.9% from ₹123.56 crores in Q2FY26. The earnings per share (EPS) also experienced a marginal QoQ increase of 0.5% to ₹1.86 compared to ₹1.85 in Q1FY27, but a YoY decline of 7.0% from ₹2.00 in Q2FY26. These figures highlight the company's stable profitability on a quarterly basis, with some challenges when compared to the previous year.

Operating Metrics

Total expenses for Q2FY27 were ₹1001.18 crores, showing a QoQ increase of 23.4% from ₹811.35 crores in Q1FY27 and a YoY rise of 31.7% from ₹760.31 crores in Q2FY26. The tax expense for the quarter stood at ₹35.06 crores, marking a QoQ increase of 5.3% from ₹33.28 crores in Q1FY27, and a YoY decrease of 17.6% from ₹42.54 crores in Q2FY26. These operational metrics reflect a rise in expenses, both on a quarterly and annual basis, which contributes to the overall financial dynamics observed in the company's profitability metrics. The increase in total expenses aligns with the company's revenue growth, suggesting a potential expansion in operational scale or cost structures.