Finolex Cables standalone net profit declines 12.79% in the March 2017 quarter

Sales rise 9.70% to Rs 775.37 crore

Net profit of Finolex Cables declined 12.79% to Rs 75.47 crore in the quarter ended March 2017 as against Rs 86.54 crore during the previous quarter ended March 2016. Sales rose 9.70% to Rs 775.37 crore in the quarter ended March 2017 as against Rs 706.82 crore during the previous quarter ended March 2016.

For the full year,net profit rose 26.95% to Rs 315.89 crore in the year ended March 2017 as against Rs 248.84 crore during the previous year ended March 2016. Sales rose 3.51% to Rs 2647.69 crore in the year ended March 2017 as against Rs 2558.00 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales775.37706.82 10 2647.692558.00 4 OPM %13.0416.32 -14.0313.25 - PBDT114.76132.30 -13 467.36394.38 19 PBT102.25113.98 -10 419.33336.39 25 NP75.4786.54 -13 315.89248.84 27

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