Finolex Cables has reported results for the fourth quarter and year ended March 31, 2013.
The company has reported a fall of 13.02% in its net profit at Rs 38.75 crore in Q4FY13 as compared to net profit of Rs 44.55 crore in the same quarter previous year. However, the total income of the company rose by 4.49% to Rs 632.13 crore as compared to Rs 604.98 crore in corresponding quarter last year.
For the full year, the company has reported a net profit of Rs 145.27 crore for the year ended March 31, 2013, a surge of 47.95% as compared to Rs 98.19 crore for the year ended March 31, 2012. Total income has increased to Rs 2270.68 crore in FY13 from Rs 2064.16 crore in FY12, up by 10.01%.
