Specialty chemicals company Fineotex Chemical announced Q4FY23 & FY23 results:
- Consolidated Q4FY23 vs Q4FY22:
- Profit after tax (PAT) of the group has increased to Rs 2,600 lakh from Rs 1,700 lakh. The PAT registered a growth of 52.97%
- Operational EBIDTA of the group has increased to Rs 3,271 lakh from Rs 2,152 lakh. The operational EBIDTA registered a growth of 52%
- Consolidated FY23 vs FY22:
- Revenue from the operation of the group has increased to Rs 51,700 lakh from Rs 36,823 lakh. The revenue from operations registered a growth of 40.40%
- Profit after tax (PAT) of the Group has increased to Rs 8,955.44 lakh from Rs 5,688.97 lakh. The PAT registered a growth of 57.42%
- Operational EBIDTA of the Group has increased to Rs 11,259 lakh from Rs 7,121 lakh. The operational EBIDTA registered a growth of 58.11%
- The board has recommended a final dividend subject to the approval of the members at the ensuing annual general meeting at 40% i.e Rs 0.80 (FY22 Rs 0.40) per equity share of face value of Rs 2/- i.e. 100% YoY growth in the dividend.