Finolex Cables has reported results for third quarter ended December 31, 2015.
The company has reported 38.07% rise in its net profit at Rs 52.73 crore for the quarter ended December 31, 2015 as compared to Rs 38.19 crore for the same quarter in the previous year. The company’s total income has increased by 2.34% to Rs 596.34 crore for the quarter under review from Rs 582.73 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.