Finolex Cables reported results for second quarter ended September 30, 2022.
The company has reported fall of 8.69% in its net profit at Rs 136.72 crore for Q2FY23 as compared to Rs 149.73 crore for the corresponding quarter previous year. However, total income of the company increased by 16.13% to Rs 1,197.00 crore for the quarter under review as compared to Rs 1,030.70 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported fall of 61.75% in its net profit at Rs 55.37 crore for the quarter under review as compared to Rs 144.77 crore for the same quarter in the previous year. However, total income of the company increased by 17.50% to Rs 1,116.61 crore for the quarter under review as compared to Rs 950.31 crore for the same quarter in the previous year.
