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Finolex Cables LimitedResults, 12-02-2025: Integrated Filing- Financial

12-02-2025 | 02:04 pm

Finolex Cables has announced a board meeting to review the financial results for the quarter and nine months ended December 31, 2024. For the quarter, the company reported revenues of ₹1,182.1 crore, down 3% from ₹1,221.7 crore year-on-year. Contractions were noted in electrical wires (15%) and metal-based products in communication cables (5%), though optic fiber cable volumes grew by 10%. Net profit for the quarter decreased to ₹123.9 crore from ₹127.8 crore in the previous year. The company remains committed to its expansion plans, with recent operational advances in its E-Beam facility and anticipated commissioning of the preform facility in the next fiscal year. This signals a potential risk in sales but a positive outlook due to strategic capacity expansions.

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