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Finolex Cables Ltd has posted a net profit of Rs 46.86 crore for the quarter ended March 31, 2015 compared to Rs 69.31 crore for the quarter of 2014. This represents a decline of 32 per cent year on year.
Total Q4 income for the company stood at Rs 667 crore and Rs 655 crore respectively for the two quarters being compared, representing a growth of around 2 per cent.
For the year as a whole, Finolex posted a net profit of Rs 198.66 crore against Rs 207.68 crore in FY 14, a decline of approximately 4%.
Total income at Rs 2,507.56 crore slightly higher as against Rs 2,407.39 crore for the year ended March 31, 2014.
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