Finolex Cables standalone net profit declines 17.99% in the March 2021 quarter

Sales rise 41.43% to Rs 921.35 crore

Net profit of Finolex Cables declined 17.99% to Rs 96.08 crore in the quarter ended March 2021 as against Rs 117.16 crore during the previous quarter ended March 2020. Sales rose 41.43% to Rs 921.35 crore in the quarter ended March 2021 as against Rs 651.44 crore during the previous quarter ended March 2020.

For the full year,net profit declined 29.71% to Rs 282.89 crore in the year ended March 2021 as against Rs 402.48 crore during the previous year ended March 2020. Sales declined 3.79% to Rs 2768.11 crore in the year ended March 2021 as against Rs 2877.30 crore during the previous year ended March 2020.

 

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales921.35651.44 41 2768.112877.30 -4 OPM %14.2513.37 -12.8212.86 - PBDT147.10145.07 1 431.08540.24 -20 PBT136.43135.50 1 392.12501.33 -22 NP96.08117.16 -18 282.89402.48 -30

Powered by Capital Market - Live News