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Finolex Cables reports 41.39% jump in Q2 consolidated net profit

Finolex Cables reports 41.39% jump in Q2 consolidated net profit

Finolex Cables has reported results for second quarter ended September 30, 2021.

The company has reported over 2- fold jump in its net profit at Rs 149.73 crore for the quarter under review as compared to Rs 69.08 crore for the same quarter in the previous year. Total income of the company reported 56.36% jump at Rs 1,030.70 crore for Q2FY22 as compared Rs 659.17 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 41.39% jump in its net profit at Rs 144.77 crore for the quarter under review as compared to Rs 102.39 crore for the same quarter in the previous year. Total income of the company reported 44.17% jump at Rs 950.31 crore for Q2FY22 as compared Rs 659.17 crore for the corresponding quarter previous year.