Finolex Cables reports 38% rise in Q3 net profit

11 Feb 2016 Evaluate

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.

Finolex Cables Share Price

361.50 13.00 (3.73%)
May 20, 18:01 View Price Chart
Peers
Company Name CMP
Polycab India 2555.65
KEI Industries 1234.85
Sterlite Technologie 169.00
Finolex Cables 361.50
Precision Wire India 75.95
View more..