Finolex Cables PAT grew 13% in 2011-12 - Wire & Cable India
Wire & Cable India
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Finolex Cables PAT grew 13% in 2011-12

May 3, 2012

Finolex Cables Ltd net sales for the quarter ended March 31, 2012 were Rs. 5967.3 million as against Rs. 5319 million for the corresponding period in year 2010-11. Net sales in the current quarter shows an increase of 12% compared to the corresponding period of the previous year. Profit for the quarter, after taxes, increased to Rs. 445.6 million as compared to Rs. 186.8 million for the corresponding period in the year 2010-11.

Net sales for the year 2011-2012 stood at Rs. 20639.5 million as against Rs. 20357.5 million for the year 2010-11. Profit for the year 2011-12 after taxes, increased to Rs. 981.9 million as compared to Rs. 868.1 million for the year 2010-11 registering a growth of 13%.

 

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