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Finolex Cables Q2 profit surges 68% to Rs 273 crore
GreyOak summary
Finolex Cables reported a 67.5% year-on-year increase in net profit to ₹273 crore for Q2 FY27, driven by higher volumes in electrical and communication cables. Revenue rose 65% to ₹2,269 crore, while EBITDA more than doubled to ₹311 crore. The company noted expansion plans for its fibre draw facility, expected to be fully operational in FY27.
What it affects
- Finolex CablesFINCABLESPositive +27
Profit surged 68% to ₹273 croreRolling sentiment Positive +45
Source
Read the original at CNBC-TV18More Finolex Cables news
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