India's Fineotex Chemical slips on Q4 profit drop

Fineotex Chemical

21/05/2025 05:17

** Fineotex Chemical FINE.NS slips as much as 11.1% to 228.72 rupees; set to fall for second consecutive day

** Chemical maker reports 33.7% y/y fall in Q4 consol PAT; rev down 21.7% y/y

** Says, "Looking ahead, we are optimistic about the export environment"

** More than 573,000 shares traded, ~2x the 30-day moving avg

** FINE last down 10.6%, taking YTD losses to ~22%

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))