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Cords Cable Industries Ltd Q1FY24; 6% rise in Profits.

Cords Cable Industries Limited (CORDS) is a specialised Control & Instrumentation cable company offering a wide range of cable products to multiple industries. It has a niche in the manufacturing of customised cables as per the customer’s specifications as 95% of the company’s orders are based on customer specifications.

Financial Results:

Cords Cable Industries Ltd reported Revenues for Q1FY24 of ₹135.26 Crores up from ₹123.17 Crore year on year, a rise of 9.82%.

Total Expenses for Q1FY24 of ₹133.41 Crores up from ₹121.18 Crores year on year, a rise of 10.09%.

Consolidated Net Profit of ₹1.85 Crores up 6.32% from ₹1.74 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.43, up 5.93% from ₹1.35 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.

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