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Finolex Cables standalone net profit rises 8.35% in the March 2018 quarter

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Capital Market

Sales rise 12.23% to Rs 795.96 crore

Net profit of Finolex Cables rose 8.35% to Rs 81.76 crore in the quarter ended March 2018 as against Rs 75.46 crore during the previous quarter ended March 2017. Sales rose 12.23% to Rs 795.96 crore in the quarter ended March 2018 as against Rs 709.24 crore during the previous quarter ended March 2017.

For the full year,net profit rose 13.40% to Rs 358.20 crore in the year ended March 2018 as against Rs 315.88 crore during the previous year ended March 2017. Sales rose 15.15% to Rs 2815.12 crore in the year ended March 2018 as against Rs 2444.84 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales795.96709.24 12 2815.122444.84 15 OPM %14.5014.25 -15.0015.19 - PBDT137.55114.75 20 548.28467.35 17 PBT127.68102.24 25 504.48419.32 20 NP81.7675.46 8 358.20315.88 13

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First Published: May 29 2018 | 5:59 PM IST

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