Finolex Cables Shares Surge Over 14% on Strong Q4 Results
Revenue rose by 18.3% to ₹1,450.69 crore.
Q4FY24 results exceed expectations.
Finolex Cables stock spikes 14% to record high.
Consolidated net profit up by 6.3% YoY to ₹186.1 crore.
Consolidated net profit up by 6.3% YoY to ₹186.1 crore.
Consolidated net profit up by 6.3% YoY to ₹186.1 crore.
Year-to-date increase of 22%.
Stock reaches new high of ₹1,308.25.
Stock reaches new high of ₹1,308.25.
Annual profit grows 14% to ₹571.60 crore.
Board recommends a dividend of ₹8 per share.
EBITDA margin stands at 11.6%.
Investors show confidence in Finolex's future prospects.
Company's strong performance reflects in market response.
Total income rises by 12% to ₹5,232.44 crore.
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