Finolex Cables reports 32% fall in Q4 net profit

13 May 2015

Finolex Cables has reported result for the fourth quarter and year ended March 31, 2015.

The company has posted a fall of 32.39% in its net profit at Rs 46.86 crore for the quarter ended March 31, 2015 as compared to Rs 69.31 crore for the same quarter in the previous year. However, total income of the company has increased by 1.87% at Rs 667.33 crore for quarter under review as compared to Rs 655.1 crore for the quarter ended March 31, 2014.

For the year ended March 31, 2015, the company has posted a fall of 4.34% in its net profit at Rs 198.66 crore as compared to Rs 207.68 crore for the same period in the previous year. However, total income of the company has increased by 4.16% at Rs 2507.56 crore for year under review as compared to Rs 2407.39 crore for the period ended March 31, 2014.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
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