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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (8932)	10/25/1999 8:57:00 PM
From: Mohan Marette	Read Replies (1) of 12475

FINOLEX CABLES- PAT at Rs 243.3 cr ($55 million) finolex.com PUNE: An increase in revenue from sales and other income has been registered by the Pune-based Finolex Cables Ltd. The company has recorded a revenue of Rs. 243.3 crores during the first six months of the current financial year as against Rs. 150.2 crores in the corresponding period last year, Mr. Deepak K. Chhabria, Deputy Managing Director of the company, said here. He noted that this is an increase of 62 per cent against the previous year. Declaring the unaudited financial results, he said income from operations have also increased by 66 per cent while non-operating income had shown only a marginal change. Profit before tax stood at Rs. 43 crores, up by 107 per cent over Rs. 20.8 crores.

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