首页|Finolex Cables net profit at 659.5 mn in FY 2002
Finolex Cables net profit at 659.5 mn in FY 2002
扫码查看
点击上方二维码区域，可以放大扫码查看
原文链接
NSTL
Finolex Cables has shown a 1 percent rise in its sales at Rs 1.74 billion for the quarter ended March 2002. On receipt of the order of High Court of Judicature at Mumbai dated 21 March 2002, the company has amalgamated its 100 percent subsidiary Finolex Technologies with itself from April 2001. Thus the figures for the quarter and the full year are not strictly comparable Operating margins (OPM) improved from 10.6 percent to 11.8 percent. The improvement in OPM is largely due to reduced coast overheads as a percent to sales (net of stock). Other expenditure rose by a hefty 33 percent to Rs 221.7 million and as a percent to sales (net of stock), it rose from 10 percent to 12 percent. Because of which, operating profit rose by 12 percent to Rs 207.9 million. Other income rose by 6 percent to Rs 66.2 million and interest cost was higher by 8 percent to Rs 33.2 million. Thus, PBDT rose by 11 percent to Rs 240.9 million.
NSTL
