Finolex Cables says Q4 sales volumes back to levels before pandemic

Demand for fibre optics, LAN and copper line cables increased as people working at home seek good internet, says CEO.

The need for high-speed internet increased during the coronavirus pandemic, helping demand for cables and fibre optics—a trend that helped Finolex Cables' business.

One downside of such business is high prices impacting volumes. “Last year, we saw volume movement in the last quarter (Q4) and that has now crossed pre-Covid levels. We are back up and higher than previous years in volumes,” Deepak Chhabria, executive chairman, Finolex Cables, told 'Business Standard'.

Chhabria said demand for products like LAN cables increased as people worked from home in the pandemic and need internet speed. “Fibre optics, LAN cables, or copper line cables saw good