Fineotex Chemical Ltd reports surge in consolidated profit to Rs. 18.46 crore in Q3FY22

Fineotex Chemical Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 106.2574 crores during the period ended December 31, 2021 as compared to Rs. 79.7825 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 18.4603 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 10.7193 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 1.67 for the period ended December 31, 2021 as compared to Rs. 0.97 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 106.2574 crs	₹79.7825 crs	33.18%
Net Profit	₹18.4603 crs	₹10.7193 crs	72.22%
EPS	₹1.67	₹0.97	72.16%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 106.2574 crores during the period ended December 31, 2021 as compared to Rs.63.8173 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.18.4603 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.13.0797 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.1.67 for the period ended December 31, 2021 as compared to Rs.1.18 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 106.2574 crs	₹63.8173 crs	66.50%
Net Profit	₹18.4603 crs	₹13.0797 crs	41.14%
EPS	₹1.67	₹1.18	41.53%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.252.1215 crores during the 9 Months period ended December 31, 2021 as compared to Rs.158.0648 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.38.6498 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.31.3659 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.3.49 for the 9 Months period ended December 31, 2021 as compared to Rs.2.83 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹252.1215 crs	₹158.0648 crs	59.51%
Net Profit	₹38.6498 crs	₹31.3659 crs	23.22%
EPS	₹3.49	₹2.83	23.32%

Shares of Fineotex Chemical Limited was last trading in BSE at Rs. 151.85 as compared to the previous close of Rs. 153.25. The total number of shares traded during the day was 154695 in over 2632 trades.

The stock hit an intraday high of Rs. 156.45 and intraday low of 151.20. The net turnover during the day was Rs. 23633987.00.

Source : Equity Bulls

Keywords

FineotexChemical Q3FY22 9MFY22 ResultUpdate