Q2 Net Profit Up 14%: Finolex

Finolex Cables has increased by 14% in its net profit for the Q2
ended September 30, 2005.The reported net profit has increased to Rs 5.7 crore
from the Rs 5 crore in Q2 2004.Sales turnover during the quarter stood at Rs
145.1 crore, compared with Rs 159.3 crore in the year-ago period. The electrical
cables business accounted for 82% of the sales turnover and witnessed a 7%
growth. The telecom cables business lagged mainly due to delayed allocation of
JFTC quantity for supply to BSNL. The company has received allocation for supply
of 1,142 thousand-core km of jelly-filled telephone cables to BSNL.