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Finolex Cables Has Launched a New Product Namely ‘Finoultra’

Written by: Team Angel OneUpdated on: Jan 15, 2025, 3:35 PM IST
The company has launched a new product, called 'FinoUltra'. It is a wired product geared toward the domestic market.
Finolex Cables Has Launched a New Product Namely ‘Finoultra’
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Finolex Cables Limited is an Indian manufacturer of electrical and telecommunication cables based in Pune, Maharashtra. It is the flagship company of the Finolex Group, established in 1958. The company also manufactures polyvinyl chloride sheets for roofing, signage and interiors.

A New Era of Finolex Cables – FinoUltra

In today’s fast-paced world, staying connected is more crucial than ever. FinoUltra is engineered to meet the ever-growing demand for seamless, high-speed communication within the home. Whether it’s for work, entertainment, or staying in touch with loved ones, this state-of-the-art wired product ensures that you never miss a beat.

The FinoUltra isn’t just about functionality; it’s a perfect blend of aesthetics and performance. With its sleek, contemporary design, it complements any modern home. But the true beauty lies in its exceptional performance. Offering superior speed, stability, and security, it guarantees a flawless experience, whether you’re streaming, browsing, or engaging in video calls.

Why Choose FinoUltra?

Exceptional Reliability: A robust, wired connection for uninterrupted performance.

Lightning-Fast Speed: Optimised to handle high-demand tasks with ease.

Sleek, Modern Aesthetic: Designed to blend seamlessly into any home environment.

Durability: Built to endure, ensuring you get the most out of your investment.

Finolex Cables Q2 FY25 Results

In Q2 FY25, Finolex Cables reported a 10.90% rise in net consolidated total income, reaching ₹1,363.31 crore, up from ₹1,229.27 crore in the same quarter of the previous year. However, the company faced a 23.85% drop in net profit, which fell to ₹117.89 crore, compared to ₹154.81 crore in the previous year’s quarter. 

Share Price Performance 

At 1:52 PM today, Finolex Cables Ltd. shares traded at ₹1,007.90 per share on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 15, 2025, 3:35 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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