Finolex Industries Q4 Revenue Falls 5% to ₹1,171.8 Crore

25 May 2025 , 11:38 PM

Finolex Industries announced its Q4 FY25 results with revenue contracting 5% y-o-y to ₹1,171.8 crore from ₹1,235.4 crore y-o-y during the corresponding quarter last year. The company’s net profit for the March quarter remained flat at ₹165 crore.

While it was slightly edgy at 38% (₹171.3 crore) in Q4FY25 against 39.1% (₹209 crore) in Q4FY24, the operating profitably faced qualitative pressure. The company reported a EBITDA margin of 14.62% which contracted 228 basis points YoY.

The performance for the quarter remained dull, but the Board of Directors proposed a dividend of ₹3.6 per equity share of face value of ₹2 each including a final dividend of ₹2 and special dividend of ₹1.6 per fully paid-up equity share of face value of ₹2 each. The dividend payout works out to 180% for the FY25 and is subject to the approval of the shareholders at the 44th Annual General Meeting of the company.

Finolex Industries is a member of the Finolex Group established by Pralhad P. Chhabria and Kishan P. Chhabria in 1958. The group’s main businesses are Finolex Cables Ltd, which is a market leader in electrical Wires and Cables, and Finolex Industries Ltd which has a significant presence in PVC pipes & fittings. Thus, company continues to be significant for India infrastructure business in its manufacturing and supplying of pipe systems and hence, near term headwinds on financial front does not change overall fact.