Finolex Cables Q2 Net Profit Dips 18% to Rs 65 Crore

New Delhi: Finolex Cables on Tuesday reported a 17.77 per cent dip in standalone net profit at Rs 64.91 crore for the second quarter ended September 30, 2015. 

The company had posted a net profit of Rs 78.94 crore for the corresponding period of the previous fiscal, Finolex Cables said in a BSE filing.

Standalone total income from operations of the company also declined to Rs 605.41 crore for the quarter under consideration as against Rs 636.83 crore for the same period year ago. 

Finolex Cables is a leading manufacturer of electrical and telecommunication cables. 

Shares of Finolex Cables on Tuesday closed at Rs 248.25 on BSE, down 0.28 per cent from previous close.
 

New Delhi: Finolex Cables on Tuesday reported a 17.77 per cent dip in standalone net profit at Rs 64.91 crore for the second quarter ended September 30, 2015. 

The company had posted a net profit of Rs 78.94 crore for the corresponding period of the previous fiscal, Finolex Cables said in a BSE filing.

Standalone total income from operations of the company also declined to Rs 605.41 crore for the quarter under consideration as against Rs 636.83 crore for the same period year ago. 

Finolex Cables is a leading manufacturer of electrical and telecommunication cables. 

Shares of Finolex Cables on Tuesday closed at Rs 248.25 on BSE, down 0.28 per cent from previous close.