Fine Organic Industries Limited's Board of Directors met on August 07, 2026, and approved the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The meeting commenced at 12:00 noon and concluded at the same day.

Standalone Financial Results (Quarter Ended June 30, 2026)

  • Total Income: ₹691.69 crore (compared to ₹650.37 crore in Q1 FY26 and ₹585.05 crore in Q4 FY26)
  • Revenue from Operations: ₹668.07 crore (calculated from Total Income minus Other Income)
  • Other Income: ₹23.62 crore
  • Total Expenses: ₹508.53 crore
  • Profit Before Tax: ₹183.16 crore
  • Tax Expenses: ₹47.20 crore (Current Tax: ₹47.20 crore, Deferred Tax: ₹0.46 crore)
  • Net Profit: ₹135.50 crore
  • Earnings Per Share (Basic and Diluted): ₹44.19 (not annualized)
  • Paid-up Equity Share Capital: ₹15.33 crore (face value ₹5 per share)

Consolidated Financial Results (Quarter Ended June 30, 2026)

  • Revenue from Operations: ₹694.17 crore
  • Other Income: ₹24.25 crore
  • Total Income: ₹718.42 crore
  • Total Expenses: ₹532.94 crore
  • Profit Before Tax: ₹183.55 crore
  • Tax Expenses: ₹45.41 crore (Current Tax: ₹50.80 crore, Deferred Tax Credit: ₹(5.39) crore)
  • Net Profit: ₹138.14 crore
  • Earnings Per Share (Basic and Diluted): ₹45.06 (not annualized)
  • Paid-up Equity Share Capital: ₹15.33 crore

Key Notes to Financial Results

1. The unaudited standalone and consolidated results were reviewed by the Audit Committee and approved by the Board on August 7, 2026. Statutory Auditors CNK & Associates LLP issued an unmodified conclusion on the limited review report.

2. Insurance Settlement: On January 18, 2024, a fire incident at an adjacent plant damaged the company's PP&E and inventories, causing temporary operational disruption.

  • During Q1 FY26, the company received ₹6.98 crore as final settlement for business interruption (disclosed as exceptional item in that quarter).
  • In July 2026, the insurance claim for property damage and inventory losses was finally settled at ₹4.35 crore, against interim settlements of ₹1.80 crore received earlier. Necessary adjustments were made in Q1 FY27 financial statements.

3. Presentation Change: Financial results for current period are presented after rounding off to nearest crore rupees (previously to nearest lakh). Comparative figures have been recast accordingly. This change has no impact on reported financial performance.

4. Business Segment: The company operates in a single primary business segment - "Manufacturing of Specialty Chemicals" as per IND AS 108.

5. Consolidated Entities: The consolidated results include:

  • Holding Company: Fine Organic Industries Limited
  • Wholly Owned Subsidiaries: Fine Organic Industries (SEZ) Private Limited, Fine Organics (USA), Inc., Fine Organics Americas LLC, Fine Organics Europe BV, Fine Organics FZE
  • Joint Ventures: Fine Zeelandia Private Limited, Fine Organic Industries (Thailand) Co. Limited

6. Auditor Notes: The limited review report relies on management-certified financial results for certain subsidiaries and joint ventures that are not material to the Group.