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Shilpi Cable Technologies’ Q3 consolidated net rises by 2.56%

09 Mar 2012 Evaluate

Shilpi Cable Technologies has reported results for third quarter ended December 31, 2011.

The company has posted a rise of 18.03% in its net profit at Rs 3.60 crore for the quarter ended December 31, 2011 as compared to Rs 3.05 crore for the same quarter in the previous year.  Total income has increased by 63.58% to Rs 92.31 crore for quarter under review as compared to Rs 56.43 crore for the quarter ended December 31, 2010.

On the consolidated basis, the company has posted rise of 2.56% in its net profit at Rs 3.61 crore for the quarter ended December 31, 2011 as compared to Rs 3.52 crore for the same quarter in the previous year. Total income has increased by 8.48% at Rs 101.44 crore for the quarter under review as compared to Rs 93.51 crore for the quarter ended December 31, 2010.

Peers
Company Name CMP
Polycab India 8137.00
KEI Industries 4500.00
RR Kabel Ltd. 2379.50
Finolex Cables 1339.60
Precision Wire India 439.95
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