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Finolex Cables Ltd Q2FY25; 23% fall in Profits

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 Q2FY25 of ₹1,312.00 Crores up from ₹1,187.00 Crore year on year, a rise of 10.53%.

Total Expenses for Q2FY25 of ₹1,218.00 Crores up from ₹1,052.00 Crores year on year, a rise of 15.78%.

Consolidated Net Profit of ₹118.00 Crores down 23.38% from ₹154.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.71, down 23.51% from ₹10.08 in the same quarter of the previous year.

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