Finolex Cables registers 64% growth in Q2 net profit

Finolex Cables has reported results for second quarter ended September 30, 2016.

The company has reported 64.34 % rise in its net profit at Rs 104.80 crore for the quarter ended September 30, 2016 as compared to Rs 63.77 crore for the same quarter in the previous year. Total income of the company increased 0.31 % to Rs 669.43 crore for Q2FY17 from Rs 667.38 crore for the corresponding quarter in 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 etc.