Q3FY17 Results : Finolex Cables Ltd
Bhagyashree Vivarekar / 14 Feb 2017
he company reported PAT of Rs 68.4 crore, which represents a sequential QoQ decline of 34.73 per cent and a YoY increase of 37.9 per cent.
Finolex Cables Ltd. reported its standalone results for the quarter ended December 31, 2016 today.
The company reported sales of Rs 675.3 crore for Q3FY17, which represent a 9.95 per cent sequential increase and 10.25 per cent YoY increase.
Its operating profit (EBIT) for the quarter was Rs 68.2 crore and its EBIT margin was 10.1 per cent.
The company reported PAT of Rs 68.4 crore, which represents a sequential QoQ decline of 34.73 per cent and a YoY increase of 37.9 per cent.
Finolex Cables Ltd, the flagship company of the Finolex Group, has business interest in manufacturing of electrical and telecommunication cables. The company manufactures PVC insulated electrical cables for the automobile industry and its product range includes, PVC insulated electrical wires and flame retardant low smoke electrical wires, rodent repellent multicore flexible cables, XLPE 3-core flat cables, high voltage power cables (upto 33 kV), auto and battery cables, co-axial and CATV cables, switchboard cables, fibre optic cables and many more.
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