Finolex Industries (FINPIPE) reported Q3 FY26 revenue down 10% to ₹ 898 Cr, with nine-month revenue declining 6% to ₹ 2,800 Cr.

Sales volumes dipped 14% in Q3 and 6% for nine months, impacted by weak PVC prices and an extended monsoon.

Despite lower sales, the company showed robust operating performance.

Q3 EBITDA soared to ₹ 123 Cr (+48% YoY) and PBT to ₹ 146 Cr (+54% YoY). Nine-month EBITDA also rose to ₹ 347 Cr (+15% YoY) and PBT to ₹ 430 Cr (+12% YoY). This strong profit growth, despite lower sales, highlights effective cost management, likely benefiting from reduced raw material costs.

Finolex maintains a strong financial position with approximately ₹ 2429 Cr in free cash.

Recent initiatives focused on extensive brand building through digital and on-ground marketing campaigns, reaching millions and fostering dealer engagement across India.