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Birla Cable reports 3-fold jump in Q3 net profit

12 Feb 2019 Evaluate

Birla Cable has reported results for third quarter ended December 31, 2018.

The company has reported over 3-fold jump in its net profit at Rs 15.17 crore for the quarter under review as compared to Rs 4.89 crore for the same quarter in the previous year. Total income of the company increased by 74.98% at Rs 145.15 crore for Q3FY19 as compared Rs 82.95 crore for the corresponding quarter previous year.

Birla Cable (Formerly known as Birla Ericsson Optical) is a premier company in the field of Telecommunication Cables, which offers one of widest portfolio of Copper and Fibre Optic cables under its umbrella.

Peers
Company Name CMP
Polycab India 8410.00
KEI Industries 4720.00
RR Kabel Ltd. 2476.20
Finolex Cables 1469.95
Precision Wire India 499.10
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