Continuous decline in copper prices from end-May till Aug, leftover highcost Q1 inventory and destocking impacted Finolex Cables’ Q2. Multiple price cuts during Q2 dented margins. Anticipating stable ...
The envisioned investment is strategically aligned with the Prime Minister’s vision of providing last-mile optical fibre-based connectivity to every village in the country. Anticipating a surge in ...
Q1FY24 was marked by 29% volume growth in wires, 80bps OPM expansion and 38% y-o-y growth in net profit. Investment of Rs 1.4 lakh crore under the BharatNet program and imposition of anti-dumping duty ...
Finolex Cables Ltd released its Q4 FY 25 results in which it posts 13.8% YoY rise in profit at ₹136.27 crore. Finolex Cables Ltd reported a 13.8% year-on-year (YoY) rise in revenue for the quarter ...
Shareholders of the Pune-based Finolex Cables have rejected the company’s resolutions to appoint five directors, after two proxy advisory firms raised corporate governance issues. The shareholders — ...
The company has procured specialised radiation technology equipment for manufacturing solar cables using controlled electron e-beam technology. Electrical and telecommunication cables company — ...
Finolex Cables stock surges over 14% to record high of ₹1,308.25 after posting better-than-expected Q4FY24 results. Revenue up 18.3% to ₹1,450.69 crore. Net profit rises 6.3% YoY to ₹186.1 crore.
Finolex Cables Ltd (BOM:500144) reported a 14% quarter-on-quarter growth and a 35% increase from the previous quarter, indicating a strong recovery. The company launched new e-beam products, including ...
Mumbai: Finolex Cables, which leads the electrical and communication cables segments, hopes to net Rs 500 crore in revenue from each of the five fast-moving consumer electrical segments it recently ...
NEW DELHI: Finolex Cables reported a dip of 2.16 per cent in its net consolidated profit during the quarter ended December 31, 2023. Its profit after tax stood at Rs 150.98 crore in Q3 FY24 as against ...
Shares of Finolex Cables Ltd jumped in Monday's trade to hit their one-year high level amid heavy volumes. The stock surged 9.20 per cent to touch its 52-week high of Rs 847.60 over a previous close ...
The electrical and telecommunications cables maker Finolex Cables has announced that its profits in the quarter ended September 30, 2022 were 8% lower than the corresponding period last year, while ...
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