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CPMA Member Companies News - Finolex Ltd. 


Finolex Industries Q1FY18 standalone net profit declines 35.3% yoy

India Infoline, 11th August 2017

Finolex Industries’ standalone revenue for the quarter came in at Rs. 824.3 crore, registering 18.9% yoy decline. This was primarily driven by decrease in revenue from PVC segment by 13% yoy............. Read More


Finolex Industries to announce Quarterly Result 

Business Standard, 31st July 2017              

Finolex Industries will hold a meeting of the Board of Directors of the Company on 11 August 2017, to consider and approve, inter alia, the unaudited financial results for the quarter ended 30th June, 2017............. Read More


Finolex Industries Ltd Fixes Book Closure for Dividend & 36th AGM

Equity Bulls, 31st May 2017 

The Register of Members & Share Transfer Books of Finolex Industries Ltd will remain closed from July 29, 2017 to August 11, 2017 (both days inclusive) for the purpose of Payment of Dividend & 36th Annual General Meeting (AGM) of the Company to be held on August 11, 2017.............. Read More



Finolex Industries Ltd Board recommends Dividend of Rs. 11.50 for 2016-17 

Equity Bulls, 27th May 2017  

The Board of Directors of Finolex Industries Ltd at its meeting held on May 26, 2017, have recommended dividend @115 % (Rs. 11.50 per share) for the financial year 2016-2017.............. Read More


Finolex Industries Ltd calls for Board Meeting On 26Th May, 2017

Equity Bulls, 9th May 2017 

A meeting of the Board of Directors of Finolex Industries Ltd will be held on 26th May, 2017, to consider and approve the audited financial results for the 4th quarter ended 31st March, 2017 and for the financial year ended 31st March, 2017 and to consider the recommendation of dividend, if any, for the financial year 2016-2017.............. Read More


Finolex Industries to make Lubrizol's FlowGuard CPVC pipes in India

Business Standard, 16th Feb 2016 

The US-based Lubrizol Corporation, one of the leading global manufacturers of chlorinated polyvinyl chloride (CPVC) compound, has joined hands with Pune-based PVC pipes & fittings manufacturer Finolex Industries Limited for the manufacturing & sale of Finolex FlowGuard Plus pipes and fittings in India. The product will be launched in the market by Finolex Industries Limited in the last week of March 2017 and will cater to the building and construction industry............. Read More


Finolex Industries Ltd Q2 net profit jumps to Rs. 51.31 crores

Equity Bulls, 8th Dec 2016  

Finolex Industries Ltd has announced the Un-Audited Standalone financial results for the quarter ended September 30, 2016............. Read More  


Finolex Industries Ltd to announce Q2 results on Dec 08, 2016

Equity Bulls, 27th Nov 2016

A meeting of the Board of Directors of Finolex Industries Ltd will be held on December 08, 2016, to consider, the unaudited financial results for the quarter and six months ended September 30, 2016 (Q2)............. Read More  


Finolex Industries to support affordable housing schemes with subsidized PVC pipes, fittings

Business Standard, 22nd Sep 2016

India's largest PVC pipes and fittings manufacturer Finolex Industries has announced its support to the Prime Minister Narendra Modi's 'Housing for All' mission............. Read More  


Finolex Industries Q1 net profit climbs to Rs. 98.04 crores

Equity Bulls, 28th Aug 2016 

Finolex Industries Ltd has announced the Unaudited Standalone financial results for the quarter ended June 30, 2016)............. Read More  


Finolex Ind - Q1 results on August 26, 2016

moneycontrol.com, 13th Aug 2016 

Finolex Industries Ltd has informed BSE that pursuant to Regulation 29 and 47(1) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and in accordance with SEBI circular dated July 05, 2016, a meeting of the Board of Directors of the Company will be held on August 26, 2016, inter alia, to consider the unaudited financial results for the quarter ended June 30, 2016 (Q1)............. Read More  


Finolex Industries Ltd Bags BT-CSR Excellence awards 2016 for their role in supporting and improving quality of life for children affected with Cerebral Palsy 

indiaeducationdiary.in, 19th July 2016 

Finolex Industries Ltd, India’s largest PVC Pipes manufacturer and their CSR partner Mukul Madhav Foundation, was honoured with BT-CSR Excellence Awards 2016 in New Delhi. Finolex Industries Ltd and their CSR partner Mukul Madhav Foundation (MMF) received the award for their work in Satara district in improving the standard of living for children suffering with Cerebral Palsy............ Read More 


Finolex Industries Ltd Fixes Book Closure for 2015-16 Final Dividend & AGM

Equity Bulls, 7th July 2016 

The Register of Members & Share Transfer Books of Finolex Industries Ltd will remain closed from July 30, 2016 to August 11, 2016 (both days inclusive) for the purpose of Payment of Final Dividend & Annual General Meeting (AGM) of the Company to be held on August 11, 2016............ Read More 


Finolex plans incremental expansion to meet demand for PVC pipes

Business Standard, 25th May 2016 

Finolex Industries Ltd, one of India’s leading manufacturers of PVC pipes & fittings, plans for incremental expansion and margin improvement to give a fillip to its business in 2016-17............ Read More 


Finolex Industries Posts Three-Fold Jump In Q4 Profit

profit.ndtv.com, 21st May 2016 

Finolex Industries on Saturday reported an almost three-fold jump in standalone net profit at Rs 78.47 crore for the March quarter............ Read More 


Finolex group chairman P.P. Chhabria dies

thehindu.com, 5th May 2016

Pralhad P. Chhabria, chairman and founder of the Pune-based Finolex Group of Industries, the country’s leading cable maker and second-largest PVC resin manufacturer, breathed his last on Thursday. He was 86. Family sources said Mr. Chhabria passed away at his residence following a brief illness............ Read More


Finolex Industries inks pact with Govt Industrial Training Institute

ribuneindia.com, 28th April 2016 

Finolex Industries Limited on Wednesday signed a memorandum of understanding (MoU) with Government Industrial Training Institute, Patiala. Under the MoU, Finolex Pipes will now provide course literature and material for efficient training of the student registered for the plumbing and sanitation course in the college............. Read More


Finolex Industries held a record 60 Plumber Meets across the nation

Equity Bulls, 13th March 2016 t

On the occasion of World Plumbing Day, Finolex Industries Limited with a participation of approximately 3000 plumbers organized 60 Plumber Meets across the Nation. These meets were conducted in 26 states and 58 cities across the country. During the event, FIL appreciated the contribution of senior plumbers for their effort and dedication towards maintaining health and sanitation in the country. In keeping with the Prime Minister Narendra Modiji's agenda on skill development, the plumber meet focused on the importance of skilled plumbers in the country............. Read More


Finolex Ind - Updates  

moneycontrol.com, 7th March 2016 

Finolex Industries Ltd has submitted to BSE a copy of text of the conversation of Mr.Saurabh S.Dhanorkar, Managing Director had with Mr.Ashish Tiwari of DNA newspaper. The said conversation published in today’s (7th March, 2016) DNA newspaper, Mumbai Edition on page no. 12............. Read More


Finolex Industries Ltd receives awards for exemplary work in the field of education

Equity Bulls, 28th February 2016

India's largest PVC pipes and second largest PVC resin manufacturers, Finolex Industries Ltd was recently recognised by two of the biggest names in the CSR Award category in India-Bluedart Global CSR Excellence and Leadership Awards for "Support & Improvement in Quality of Education" at an event held in Mumbai and India CSR for Best Innovative CSR Practices in Education at an event held in Delhi. Finolex Industries received awards from these bodies for their exemplary work in the field on Education. Finolex Industries undertake its CSR programs with the help of its CSR partner Mukul Madhav Foundation............. Read More


Finolex Industries back in black, Q3 net profit at Rs 43 cr

Business Standard, 15th February 2016 
Finolex Industries surged over 6% at Rs 302 on the Bombay Stock Exchange after the company returned to profit in the third quarter ended December 2015 on the back of lower finance costs............. Read More

Finolex to invest Rs 100 crore to expand PVC pipes capacity
The Economic Times, 24th January 2016
Leading rigid PVC-U pipes and fittings manufacturer Finolex Industries BSE 5.35 % Ltd (FIL) plans to invest Rs 100 crore in adding 1,00,000 tonnes of pipes capacity over the next three years............ Read More

Finolex Industries reports over three fold jump in Q2 net profit
Finolex Industries has reported results for second quarter ended September 30, 2015. The company has reported over three fold jump in its net profit at Rs 41.88 crore for the quarter ended September 30, 2015 as compared to Rs 13.71 crore for the same quarter in the previous year. The company's total income has increased by 21.90% to Rs 480.84 crore for the quarter under review from Rs 394.47 crore for the corresponding quarter of the previous year............ Read More

Finolex Industries Ltd to announce Q2 results on Nov 06, 2015
Equity Bulls, 22nd October 2015
A meeting of the Board of Directors of Finolex Industries Ltd will be held on November 06, 2015, to consider and approve the unaudited financial results for the quarter ended September 30, 2015 (Q2)............ Read More

Finolex Inds jumps after robust Q1 numbers
Business Standard, 7th August 2015
Finolex Industries jumped 4.41% to Rs 297 at 14:49 IST on BSE after net profit rose 39.94% to Rs 70.25 crore on 4.76% decline in total income to Rs 636.12 crore in Q1 June 2015 over Q1 June 2014)................. Read More

Finolex Industries Ltd to announce Q1 results on August 07, 2015
Equity Bulls, 25th July 2015
A meeting of the Board of Directors of Finolex Industries Ltd will be held on August 07, 2015, to consider and approve the unaudited financial results for the quarter ended June 30, 2015 (Q1)..................... Read More

Finolex Ind Ltd Inaugurates its first Warehouse in East India at Odisha's Cuttack for PVC fittings
orissadiary.com, 18th July 2015
In a move to aggressively expand its market share, Finolex Industries Ltd, India's leading manufacturer of PVC Pipes & Fittings and PVC Resins, today announced the launch of its first warehouse in the Eastern Region at Cuttack, Odisha. The warehouse is spread over six acres and has the capacity to store 750 to 800 tonnes of pipes and fittings....................... Read More

India to spend $8 billion on irrigation, reduce dependence on monsoon
asianage.com, 3rd July 2015
India has approved spending of 500 billion rupees ($7.9 billion) over five years to expand irrigation in rural areas to boost crop productivity and it also plans an online agricultural market to help farmers get better prices for their produce................. Read More

Finolex Industries standalone net profit declines 50.74% in the March 2015 quarter
Business Standard, 5th June 2015
Net profit of Finolex Industries declined 50.74% to Rs 27.68 crore in the quarter ended March 2015 as against Rs 56.19 crore during the previous quarter ended March 2014. Sales declined 6.77% to Rs 776.87 crore in the quarter ended March 2015 as against Rs 833.32 crore during the previous quarter ended March 2014.................. Read More

FY15 results on May 28, 2015
thehindubusinessline.com, 14th May 2015
Finolex Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 28, 2015, inter alia, to consider and approve the audited financial results for the quarter and the financial year both ended March 31, 2015 and to consider recommendation of dividend, if any, for the financial year 2014-2015................. Read More

Finolex Industries Ltd appoints Woman Director
Equity Bulls, 23rd March 2015
The Board of Directors of Finolex Industries Ltd, in terms of Sections 149 and 161 of the Companies Act, 2013 read with relevant Rules, appointed Mrs. Ritu Prakash Chhabria as Woman Director on the Board of the Company with effect from March 21, 2015...................... Read More

Finolex Industries posts Q3 loss Rs 43.8 cr
moneycontrol.com, 6th February 2015
Finolex Industries has posted net loss of Rs 43.8 crore in its third quarter against profit of Rs 63.9 crore, in the same quarter last fiscal........... Read More

Finolex promotes well-being with water
bestmediainfo.com, 3rd December 2014
Finolex Industries, a leading manufacturer of PVC pipes & fittings and PVC resins, has rolled out a new TVC to communicate its new brand positioning – the company's metamorphosis from being a pure pipe maker to undertaking management of water. The creative agency, TSC Consulting, has created a TVC to communicate the brand's ideology 'Tarakki Zindagibhar'................. Read More

Finolex Industries falls over 12% on weak results
The Economic Times, 14th November 2014
Shares of Finolex Industries were witnessing selling pressure after the company disappointed with its second quarter results............... Read More

PVC pipe maker Finolex Industries to enter water business
Livemint.com, 6th November 2014
Pune-based Finolex Industries Ltd, which makes rigid PVC pipes, fittings and PVC resin, is entering the water supply and water equipment business by leveraging its existing dealer network across India, said Prakash Chhabria, chairman of the company, in a phone interview on Thursday............. Read More

Finolex keen to grow pipes business
thehindubusinessline.com, 31st August 2014
Finolex Industries, a manufacturer of PVC pipes and fittings and PVC resin, has decided to focus on the former rather than on the resin business, which requires more capital for expansion................ Read More

Finolex Industries Ltd Fixes Book Closure for 2013-14 Dividend & AGM
equitybulls.com, 21st August 2014
The Register of Members & Share Transfer Books of Finolex Industries Ltd will remain closed from September 10, 2014 to September 20, 2014 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on September 20, 2014............. Read More

Finolex Industries Ltd appoints Anil Whabi as CFO
equitybulls.com, 29th July 2014
The Audit Committee and the Board of Directors of Finolex Industries Ltd at their meetings held on July 26, 2014 have considered and appointed Mr. Anil Whabi as the Chief Financial Officer of the Company effective August 11, 2014............. Read More

Finolex Industries Q1 profit jumps 2 folds at Rs 50.20 crore
The Economic Times, 28th July 2014
Finolex Industries has reported over two fold jump in its net profit to Rs 50.20 crore for the first quarter ended June 30, 2014............. Read More

Finolex Industries: Drop in profits a temporary blip
The Economic Times, 13th May 2014
The shares of leading plastic pipe maker Finolex Industries BSE -4.19 % dropped over 8% to Rs 212 after it posted a 29% drop in net profit for the Jan - March '14 quarter. However, this was due to temporary problems faced by the company and its future continues to remain bright........... Read More

Finolex Industries: Building a New Identity
forbesindia.com, 30th Apr 2014
A look-alike of superstar Rajinikanth strides onto a dusty cricket ground, clad in a traditional lungi, armed with a solid pipe instead of a cricket bat. Requiring an impossible 60 runs to win off the last ball, the actor exhorts several players to bowl at him simultaneously. Brandishing the pipe like a sword, he dispatches the deliveries hurled at him over the boundary ropes and wins the match, obviously, emphatically yelling in classic Rajinikanth fashion: "This is the leader's style to bring a miracle, let me remind it. ........ Read More

Finolex Industries Board to consider Dividend for 2013-14
equitybulls.com, 22nd Apr 2014
A meeting of the Board of Directors of Finolex Industries Ltd will be held on May 12, 2014, to consider and approve the audited financial results for the quarter and the financial year both ended March 31, 2014 and to consider recommendation of dividend, if any, for the financial year 2013-2014.........… Read More

Finolex on a roll after renewing its focus on pipe business
The Economic Times, 21st Feb 2014
Two years of stagnation and margin erosion forced India's top PVC pipes and fittings maker, Finolex Industries, to reinvent itself to stage a comeback........ Read More

EngineersFinolex Industries surges post Q3 earnings
Business Standard, 27th Jan 2014
Q3 net profit more than doubled at Rs 63.89 crore against Rs 30.61 crore in a year ago quarter due to forex gain.............. Read More

Finolex Ind standalone Sep '13 sales at Rs 389.91 crore
moneycontrol.com, 29th Oct 2013
Finolex Industries has reported a sales standalone turnover of Rs 389.91 crore and a net profit of Rs 27.22 crore for the quarter ended Sep '13........ Read More

Finolex Industries Q4 net jumps 41% at Rs 79.35 cr; scrip hits new high
The Economic Times,6th May 2013


 
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