Reuters logo
BRIEF-India's Finolex Cables Sept-qtr profit down nearly 5 pct
November 7, 2017 / 10:28 AM / 18 days ago

BRIEF-India's Finolex Cables Sept-qtr profit down nearly 5 pct

Nov 7 (Reuters) - Finolex Cables Ltd:

* Sept quarter profit 996.7 million rupees versus 1.05 billion rupees last year

* Sept quarter revenue from operations 6.88 billion rupees versus 6.14 billion rupees last year

* Post GST, revenue growth was negatively impacted in elctrical wires, fans, water heaters, switches and switch gears ‍​

* Implementation of RERA had negative impact on growth in real estate businesses and on co’s volumes in these areas ‍​

Source text - bit.ly/2AmIxsV

Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below