Finolex Industries Ltd has reported a 5% year-on-year (YoY) decline in revenue, totaling ₹1,171.8 crore for the March quarter of FY25. The company’s EBITDA fell 18% YoY, settling at ₹171.3 crore, while its EBITDA margin contracted to 14.62%, down from 16.9% in the previous fiscal.
Financial Performance and Market Trends
Despite the revenue decline, Finolex Industries’ net profit remained flat at ₹165 crore. The company continues to navigate market challenges, focusing on cost optimization and operational efficiency to sustain profitability.
Dividend Announcement
The Board of Directors has recommended a final dividend of ₹2 per equity share and a special dividend of ₹1.6 per share, bringing the total dividend to ₹3.6 per share (180%) for FY25. The dividend proposal is subject to shareholder approval at the 44th Annual General Meeting (AGM).
Stock Market Reaction and Future Outlook
Following the earnings announcement, Finolex Industries’ stock surged 6%, closing at ₹207.49 per share on May 23, 2025. The stock has gained 17.7% in the past month, reflecting investor confidence in the company’s long-term growth strategy.
