Name: Latest research reports of Finolex Cables Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Finolex Cables Ltd.
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Author: Karvy

Finolex Cables Ltd: Strong Performance Amid Subdued Market (May 31, 2016)

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Karvy

Standalone net sales for Q4FY16 were Rs.6807 mn as against Rs.6582 mn representing 3.4% YoY growth in value terms. The low growth in sales was primarily due to fall in commodity prices. In volume terms, however there was a 12.0% QoQ growth in Electrical cables; and in the communication cables, there was a QoQ growth of more than 20.0%. Profit before tax for Q4FY16 has reached Rs.1106mn as compared to Rs.683 mn in Q4FY15 showing a growth of 61.9%.