Finolex Cables reports 18% fall in Q2 net profit

04 Nov 2015

Finolex Cables has reported results for second quarter ended September 30, 2015.

The company has reported 17.77% fall in its net profit at Rs 64.91 crore for the quarter ended September 30, 2015 as compared to Rs 78.94 crore for the same quarter in the previous year. The company’s total income has decreased by 6.00% to Rs 633.41 crore for the quarter under review from Rs 673.87 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.

 

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