Finolex Cables reports 8% rise in Q4 net profit

29 May 2018

Finolex Cables has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a rise of 8.35% in its net profit at Rs 81.76 crore for the quarter ended March 31, 2018 as compared to Rs 75.46 crore for the same quarter in the previous year. Total income of the company increased by 2.60% at Rs 819.57 crore for the quarter under review as compared to Rs 798.82 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 13.40% in its net profit at Rs 358.20 crore as compared to Rs 315.88 crore for the previous year. Total income of company increased by 8.69% at Rs 3011.63 crore for the year under review as compared to Rs 2770.96 crore for the year ended March 31, 2017.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
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