Fine Organics experiences a 4.3% revenue increase in FY26 and broadens its presence, now establishing operations in both the U.S. and Malaysia.
Fine Organic Industries Limited
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Fine Organic's Q4 profits experienced a significant increase of 59%, closing at INR 117.49 crore. Despite the rise by 3.9%, the stock remains 13.6% short of its 52-week high, currently trading at INR 4,742.05.
Fine Organic has announced a dividend of Rs. 11 per share for the fiscal year 2026, along with plans to acquire an 80% stake in Malaysian company, Oleofine Organics. This move aims to expand their organic business operations.
Fine Organic Industries reported a significant 20% increase in Q4 net profit, reaching ₹1.17 billion compared to the previous year. Revenue also grew by 6% YoY, amounting to ₹6.25 billion.
The promoters of Fine Organic Industries have upped their stake, purchasing shares at approximately INR 4256 each, adhering to the Securities and Exchange Board of India (SEBI) regulations. This move indicates a strengthened commitment by the promoters in the company.
Fine Organic Industries Ltd's promoters have purchased 3,06,600 shares among themselves at a price of Rs. 4,256 each, following the SEBI's SAST Regulations for internal share transfers.