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Finolex Cables consolidated net profit rises 33.94% in the March 2022 quarter

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Capital Market

Sales rise 28.82% to Rs 1186.85 crore

Net profit of Finolex Cables rose 33.94% to Rs 224.47 crore in the quarter ended March 2022 as against Rs 167.59 crore during the previous quarter ended March 2021. Sales rose 28.82% to Rs 1186.85 crore in the quarter ended March 2022 as against Rs 921.35 crore during the previous quarter ended March 2021.

For the full year,net profit rose 29.84% to Rs 599.14 crore in the year ended March 2022 as against Rs 461.46 crore during the previous year ended March 2021. Sales rose 36.13% to Rs 3768.14 crore in the year ended March 2022 as against Rs 2768.11 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1186.85921.35 29 3768.142768.11 36 OPM %10.1214.67 -11.3713.37 - PBDT295.77242.79 22 825.48669.83 23 PBT286.79232.12 24 786.63630.87 25 NP224.47167.59 34 599.14461.46 30

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First Published: May 28 2022 | 3:48 PM IST

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