Finolex Cables has reported results for first quarter ended June 30, 2015.
The company has reported 38.47% rise in its net profit at Rs 48.02 crore for the quarter ended June 30, 2015 as compared to Rs 34.68 crore for the same quarter in the previous year. The company’s total income has increased by 2.99% to Rs 596.84 crore for the quarter under review from Rs 579.54 crore for the corresponding quarter of the previous year.
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.