Fineotex Chemical reports 15% revenue growth, eyes acquisitions

Fineotex Chemical Limited reported Q1 FY2026 total income of INR146.22 crores, up 15% quarter-on-quarter. EBITDA grew 18.34% to INR25.20 crores while profit after tax jumped 25% to INR25.03 crores.

The company commenced operations at its new Ambernath plant, adding 15,000 metric tons annual capacity and boosting total installed capacity to 120,000 metric tons per annum.

Fineotex anticipates announcing inorganic acquisitions this financial year, supported by a cash balance exceeding INR360 crores.