Finolex Cables Limited reported earnings results for the full year ended March 31, 2024. For the full year, the company reported sales was INR 50,143.9 million compared to INR 44,811.1 million a year ago. Revenue was INR 51,897.3 million compared to INR 45,988.5 million a year ago.
Net income was INR 6,516.9 million compared to INR 5,042.8 million a year ago. Basic earnings per share from continuing operations was INR 42.61 compared to INR 32.97 a year ago. Diluted earnings per share from continuing operations was INR 42.61 compared to INR 32.97 a year ago.
Finolex Cables Limited is an India-based company, which is engaged in the manufacturing of electrical cables, communication cables, and other electrical appliances. The Company’s segments include Electrical cables, Communication cables, Copper rods, and Others. The Electrical cables segment manufactures light-duty electrical cables and power and control cables. The Communication cables segment includes copper-based cables and optical fiber (glass-based) cables (OFC). The Copper rods segment is engaged in manufacturing continuous cast copper rods (CCC rods), which are used in the production of copper-based electrical and communication cables. Its product portfolio includes wires and cables, fans, water heaters, switches, switchgear, home appliances-room heaters, home appliances-iron, lights, conduits and fittings, and smart homes. Its wires and cables include house wires, agriculture cables, ofc, telephone cables, LAN cables, speaker cables, and power cables.
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Investor
Investor
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Global
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Quality
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ESG MSCI
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