Finolex Cables Limited is a leading manufacturer of electrical and telecommunication cables in India. Operating for more than 50 years, Finolex has been able to maintain its leadership position as one of the most diversified wires and cables companies in the country.
Financial Results:
- Finolex Cables Ltd reported Revenues for Q1FY24 of ₹1,204.00 Crores up from ₹1,016.00 Crore year on year, a rise of 18.5%.
- Total Expenses for Q1FY24 of ₹1,068.00 Crores up from ₹906.00 Crores year on year, a rise of 17.88%.
- Consolidated Net Profit of ₹160.00 Crores up 33.33% from ₹120.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹10.49, up 34.14% from ₹7.82 in the same quarter of the previous year.