Finolex Cables (NSE: FINCABLES) is a leading Indian cable manufacturing company with a strong market presence in both the domestic and international markets. The company has a diversified product portfolio that includes power cables, communication cables, and specialty cables. In terms of earnings, Revenue from Operations for Q3 FY23 was ₹1,150.31 crore, a 18% increase from ₹972.95 crore in the same period last year. The Electrical cables segment, generated a total of ₹946,83 Crore in revenue, or 64% of the total. The Copper rod segment jumped by 76% from the previous year up to ₹320.7 Crore.
The Consolidated Net Profit was ₹154.3 crore, up 7.7% from ₹143 crore in the same quarter last year. This quarter’s earnings per share was ₹10.09.
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