02-Nov-2026 17:00:06

FINEORGAcquisition and merger

FINEORG Q2 : CONS NET PROFIT UP 40.1% AT RS 152.12 CR (YOY), UP 10.1% (QOQ); RAISES TOTAL INVESTMENT TO RS 420 CR FOR SEZ MANUFACTURING UNIT. STRONG (ON 1ST LOOK)

• Revenue up 22.1% at Rs 729.39 Cr (YoY), up 5.1% (QoQ). • Ebitda up ~38% at ~Rs 215.6 Cr (YoY); margins 29.6% vs 26.2% (YoY), 28.8% (QoQ). • Acquired 80% equity stake in Oleofine Organics Sdn Bhd on September 9, 2026; OFM and Fine Organic Industries (Thailand) became subsidiaries. • Board approved Rs 120 Cr additional investment in WOS Fine Organic Industries (SEZ), raising total investment to Rs 420 Cr for setting up a manufacturing unit. • Impact: Q2 profit and revenue growth, the Oleofine acquisition and the SEZ manufacturing investment expand earnings base and footprint.

Fine Organic Industries Limited

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