Finolex Industries Q1 net up 36% at Rs 98.04 cr

Finolex Industries today reported 36.05 percent rise in standalone net profit at Rs 98.04 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 72.06 crore in the corresponding period last fiscal.

The total income from operations grew 6.23 percent to Rs 672.86 crore in the quarter under review as against Rs 633.38 crore in the same period a year ago, Finolex Industries said in a BSE filing.

Shares of Finolex Industries were trading at Rs 480, up 1.18 percent in the afternoon trade on BSE.