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Finolex Cables reports marginal fall in Q2 net profit

10 Nov 2014 Evaluate

Finolex Cables has reported results for the second quarter ended September 30, 2014.

The company has reported 1.30% fall in its net profit at Rs 78.94 crore for the quarter as compared to Rs 79.98 crore for the same quarter in the previous year. However, total income of the company has increased by 7.94% at Rs 673.87 crore for quarter under review as compared to Rs 624.25 crore for the quarter ended September 30, 2013.

Finolex Cables is part of the diversified Finolex Group. The company manufactures wide range of  cables such as PVC insulated electrical cables, Flameguard - FRLS cables, auto and battery cables, PVC winding wires, jelly-filled telephone cables, LAN cables, switchboard cables. It is India's largest and leading manufacturer of electrical and telecommunication cables.

Peers
Company Name CMP
Polycab India 8360.00
KEI Industries 4648.00
RR Kabel Ltd. 2450.50
Finolex Cables 1410.90
Precision Wire India 478.80
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