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Finolex Cables consolidated net profit declines 19.28% in the September 2020 quarter

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Capital Market

Sales decline 10.67% to Rs 639.41 crore

Net profit of Finolex Cables declined 19.28% to Rs 102.39 crore in the quarter ended September 2020 as against Rs 126.84 crore during the previous quarter ended September 2019. Sales declined 10.67% to Rs 639.41 crore in the quarter ended September 2020 as against Rs 715.76 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales639.41715.76 -11 OPM %14.2913.55 -PBDT145.47151.11 -4 PBT135.68141.31 -4 NP102.39126.84 -19

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First Published: Nov 11 2020 | 4:48 PM IST

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