Finolex Industries Q2 FY27: revenue up 27.4% to ₹1,094 Cr, net profit down 6.9% to ₹115 Cr
Results · Finvezto · 2 Nov 2026 · Finolex Industries (FINPIPE)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 1,094 | - | +27.4% |
| Operating profit | 124 | - | -4.5% |
| Net profit | 115 | - | -6.9% |
| Operating margin | 11.4% | - | -3.8 pp |
| Net margin | 10.5% | - | -3.9 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Sales volume grew 28% year-on-year to 83,407 metric tons during Q2 FY27 as channel destocking eased and PVC prices stabilized. Earnings call
- Revenue from operations rose 27% year-on-year to INR 1,094 crores in Q2 FY27, while profit before tax stood flat at INR 153 crores due to higher material costs. Earnings call
- For the first half of FY27, volume fell 4% to 151,106 metric tons due to a weak first quarter, while revenue rose 4% to INR 1,978 crores and PBT rose 6% to INR 300 crores. Earnings call
What to watch
- Management on ebitda margin: And we are continuing to remain our target remains same, and we are on track.
- Management on fy27 ebitda margin: So on a full year basis, we are expecting EBITDA margin roughly around INR15 per kg on an average.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.