X

Birla Cable Ltd Q1FY24; 300% rise in Profits

Birla Cable Limited, incorporated in 1992, belongs to M P Birla group and is engaged in manufacturing and sales of all types of Optical Fibre Cables, Copper Telecommunication Cables, Structured Copper Cables, Specialty cables and allied accessories.

Financial Results:

Birla Cable Ltd reported Revenues for Q1FY24 of ₹174.00 Crores up from ₹148.00 Crore year on year, a rise of 17.57%.

Total Expenses for Q1FY24 of ₹168.00 Crores up from ₹145.00 Crores year on year, a rise of 15.86%.

Consolidated Net Profit of ₹12.00 Crores up 300.0% from ₹3.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.99, up 291.18% from ₹1.02 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: cables
Related Post