MoneyWorks4Me

Finolex Cables reports 8% rise in Q3 consolidated net profit

09 Feb 2023 Evaluate

Finolex Cables has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported rise of 41.67% in its net profit at Rs 134.87 crore for Q3FY23 as compared to Rs 95.20 crore for the corresponding quarter previous year. Total income of the company increased by 19.34% to Rs 1,183.29 crore for the quarter under review as compared to Rs 991.54 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 7.91% in its net profit at Rs 154.31 crore for Q3FY23 as compared to Rs 143 crore for the same quarter in the previous year. Total income of the company increased by 19.34% to Rs 1,183.29 crore for the quarter under review as compared to Rs 991.54 crore for the same quarter in the previous year.

Peers
Company Name CMP
Polycab India 8360.00
KEI Industries 4648.00
RR Kabel Ltd. 2450.50
Finolex Cables 1410.90
Precision Wire India 478.80
View more..