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The sales moved down -63.18% to Rs. 432.51 millions for the June 2019 quarter as compared to Rs. 1174.82 millions during the corresponding quarter last year.A radical decline of -95.35% was reported in the net profit of the company for the quarter ended June 2019 to Rs. 5.14 millions from Rs. 110.55 millions.Operating Profit reported a sharp decline to 51.49 millions from 185.00 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 432.51 1174.82 -63.18 432.51 1174.82 -63.18 5023.13 3286.87 52.82 Other Income 3.66 8.48 -56.84 3.66 8.48 -56.84 26.53 10.40 155.10 PBIDT 51.49 185.00 -72.17 51.49 185.00 -72.17 816.59 355.74 129.55 Interest 14.48 7.72 87.56 14.48 7.72 87.56 48.70 38.79 25.55 PBDT 37.01 177.28 -79.12 37.01 177.28 -79.12 767.89 316.95 142.27 Depreciation 29.40 21.07 39.53 29.40 21.07 39.53 105.20 76.76 37.05 PBT 7.61 156.21 -95.13 7.61 156.21 -95.13 662.69 240.18 175.91 TAX 2.47 45.66 -94.59 2.47 45.66 -94.59 192.34 78.84 143.96 Deferred Tax -0.98 -2.33 -57.94 -0.98 -2.33 -57.94 7.42 -7.91 -193.81 PAT 5.14 110.55 -95.35 5.14 110.55 -95.35 470.35 161.34 191.53 Equity 300.00 300.00 0.00 300.00 300.00 0.00 300.00 300.00 0.00 PBIDTM(%) 11.90 15.75 -24.40 11.90 15.75 -24.40 16.26 10.82 50.21
The turnover zoomed to Rs. 1440.76 millions, up 74.39% for the December 2018 quarter as against Rs. 826.15 millions during the year-ago period.Net Profit for the quarter ended December 2018 zoomed to 209.93% from Rs. 48.94 millions to Rs. 151.68 millions.Operating profit for the quarter ended December 2018 rose to 266.22 millions as compared to 106.54 millions of corresponding quarter ended December 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 1440.76 826.15 74.39 4019.51 2144.23 87.46 3286.87 2295.23 43.20 Other Income 10.71 3.38 216.86 21.42 9.50 125.47 13.06 31.64 -58.72 PBIDT 266.22 106.54 149.88 708.42 201.16 252.17 358.40 166.98 114.64 Interest 19.34 5.58 246.59 38.94 25.97 49.94 38.80 34.80 11.49 PBDT 246.88 100.96 144.53 669.48 175.19 282.15 319.60 132.18 141.79 Depreciation 34.68 20.04 73.05 78.43 58.03 35.15 79.42 77.28 2.77 PBT 212.20 80.92 162.23 591.05 117.16 404.48 240.18 54.90 337.49 TAX 60.52 31.98 89.24 171.59 44.96 281.65 78.84 21.56 265.68 Deferred Tax 0.51 4.93 -89.66 3.40 1.50 126.67 -7.91 5.23 -251.24 PAT 151.68 48.94 209.93 419.46 72.20 480.97 161.34 33.35 383.78 Equity 300.00 300.00 0.00 300.00 300.00 0.00 300.00 300.00 0.00 PBIDTM(%) 18.48 12.90 43.28 17.62 9.38 87.86 10.90 7.28 49.88
Birla Cable is locked at upper circuit limit at Rs. 199.85, up by 9.50 points or 4.99% from its previous closing of Rs. 190.35 on the BSE.The scrip opened at Rs. 199.85 and has touched a high and low of Rs. 199.85 and Rs. 199.85 respectively. So far 3557 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 203.55 on 09-Nov-2018 and a 52 week low of Rs. 50.10 on 06-Feb-2018.Last one week high and low of the scrip stood at Rs. 203.55 and Rs. 175.00 respectively. The current market cap of the company is Rs. 599.55 crore.The promoters holding in the company stood at 66.35%, while Institutions and Non-Institutions held 0.06% and 33.58% respectively.Birla Cable has reported around 6 fold jump in its net profit at Rs 15.72 crore for the quarter ended September 30, 2018 as compared to Rs 2.66 crore for the same quarter in the previous year. Total income of the company increased by 74.65% at Rs 140.54 crore for Q2FY19 as compared Rs 80.47 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.
A decent increase of about 40.22% in the sales to Rs. 826.15 millions was observed for the quarter ended December 2017. The sales figure stood at Rs. 589.18 millions during the year-ago period.The Total Profit for the quarter ended December 2017 of Rs. 48.94 millions grew from Rs.-5.95 millionsThe company reported a good operating profit of 106.54 millions compared to 20.58 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 826.15 589.18 40.22 2144.23 1464.54 46.41 2295.23 2731.46 -15.97 Other Income 3.38 4.90 -31.02 10.17 29.94 -66.03 30.00 26.63 12.65 PBIDT 106.54 20.58 417.69 201.82 107.91 87.03 163.58 290.53 -43.70 Interest 5.58 8.45 -33.96 25.97 26.39 -1.59 33.61 65.21 -48.46 PBDT 100.96 12.14 731.63 175.85 81.53 115.69 129.97 177.57 -26.81 Depreciation 20.04 19.35 3.57 58.69 57.97 1.24 77.28 71.71 7.77 PBT 80.92 -7.21 -1222.33 117.16 23.56 397.28 52.70 105.86 -50.22 TAX 31.98 -1.26 -2638.10 44.96 11.13 303.95 20.89 21.06 -0.81 Deferred Tax 4.93 0.54 812.96 1.50 6.35 -76.38 0.00 0.00 0.00 PAT 48.94 -5.95 -922.52 72.20 12.43 480.85 31.81 84.80 -62.49 Equity 300.00 300.00 0.00 300.00 300.00 0.00 300.00 300.00 0.00 PBIDTM(%) 12.90 3.49 269.02 9.41 7.37 27.74 7.13 10.64 -32.99
An increase of about 77.62% to Rs. 802.43 millions in the topline was observed for the quarter ended September 2017. The topline stood at Rs. 451.78 millions during the similar quarter previous year.The company almost doubled its revenue to Rs. 26.55 millions from Rs. 2.92 millions in the quarter ended September 2017.The company reported a good operating profit of 73.30 millions compared to 34.99 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 802.43 451.78 77.62 1318.08 875.36 50.58 2295.23 2731.46 -15.97 Other Income 2.89 2.81 2.85 6.79 25.04 -72.88 30.00 26.63 12.65 PBIDT 73.30 34.99 109.49 95.28 87.33 9.10 163.58 290.53 -43.70 Interest 12.86 8.37 53.64 20.39 17.94 13.66 33.61 65.21 -48.46 PBDT 60.44 26.62 127.05 74.89 69.39 7.93 129.97 177.57 -26.81 Depreciation 19.51 19.30 1.09 38.65 38.62 0.08 77.28 71.71 7.77 PBT 40.93 7.32 459.15 36.24 30.77 17.78 52.70 105.86 -50.22 TAX 14.38 4.40 226.82 12.98 12.39 4.76 20.89 21.06 -0.81 Deferred Tax -2.03 6.17 -132.90 -3.43 5.81 -159.04 0.00 0.00 0.00 PAT 26.55 2.92 809.25 23.26 18.38 26.55 31.81 84.80 -62.49 Equity 300.00 300.00 0.00 300.00 300.00 0.00 300.00 300.00 0.00 PBIDTM(%) 9.13 7.74 17.95 7.23 9.98 -27.54 7.13 10.64 -32.99
The revenue declined to Rs. 830.70 millions for the quarter ended March 2017 as compared to Rs. 838.52 millions during the corresponding quarter last year.Net Profit of the company move down -61.56% to Rs. 19.09 millions from Rs. 49.66 millions in the same quarter last year.A decline of 55.91 millions was observed in the OP in the quarter ended March 2017 from 88.52 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201603 201503 % Var Sales 830.70 838.52 -0.93 2185.47 2579.09 -15.26 2497.84 2638.97 -5.35 Other Income 0.31 1.76 -82.39 30.00 26.63 12.65 26.63 37.27 -28.55 PBIDT 55.91 88.52 -36.84 163.58 293.17 -44.20 290.53 327.46 -11.28 Interest 7.90 12.31 -35.82 33.61 67.84 -50.46 65.21 83.02 -21.45 PBDT 48.01 76.21 -37.00 129.97 177.58 -26.81 177.57 244.44 -27.36 Depreciation 19.31 21.07 -8.35 77.28 71.71 7.77 71.71 59.75 20.02 PBT 28.70 55.14 -47.95 52.70 105.87 -50.22 105.86 184.69 -42.68 TAX 9.61 5.48 75.36 20.89 21.06 -0.81 21.06 59.73 -64.74 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 19.09 49.66 -61.56 31.81 84.81 -62.49 84.80 124.96 -32.14 Equity 300.00 300.00 0.00 300.00 300.00 0.00 300.00 300.00 0.00 PBIDTM(%) 6.73 10.56 -36.24 7.48 11.37 -34.15 11.63 12.41 -6.27
Birla Ericsson Optical has informed that the next Board Meeting of the Company is scheduled to be held on August 12, 2016, to consider and take on record the Unaudited Financial Results of the Company for the Quarter ended June 30, 2016. The Quarterly results shall be submitted for a ‘Limited Review’ by the Statutory Auditors of the Company.Further, as per the Company’s Code of Conduct pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the equity shares of the Company would remain closed for the designated employees and connected persons covered under the said code of the Company from August 03, 2016 to August 13, 2016.The above information is a part of company’s filings submitted to BSE.
Vindhya Telelinks has submitted the disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Reg. 2011.The above information is a part of company’s filings submitted to BSE.
Birla Ericsson Optical has informed about Standalone Financial Results, Form A, and Auditors Report for the period ended March 31, 2016.The above information is a part of company’s filings submitted to BSE.
Birla Ericsson Optical has informed about the details of voting results of postal ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Birla Ericsson Optical has informed about notice of postal ballot.The above information is a part of company’s filings submitted to BSE.
Birla Ericsson Optical has informed that the Company has executed a Settlement Agreement in the late hours of October 21, 2015 with an overseas supplier in respect of a long standing business discord, which shall put an end to all legal proceedings launched in different jurisdictions. The business discord pertains to a Long Term Sale and Purchase Agreement (Agreement) entered into between the Company and an overseas supplier, which was executed on 23rd/24th January, 2001. The Company and the overseas supplier after due consideration and deliberation have amicably settled all the outstanding business discord and disputes. After execution of the Settlement Agreement both the Parties shall withdraw all pending law suits and the pending arbitration in due course. As per the terms of the Settlement Agreement, the Company shall, subject to approval of the Reserve Bank of India, pay to the overseas supplier certain amount in consideration of the settlement of the outstanding business discord and dispute which has been determined to a onetime lump sum Settlement Amount of $ 714,000 besides purchase of certain quantity of product at a price agreed between the Parties, subject to the terms and conditions mentioned in the Settlement Agreement.The above information is a part of company’s filings submitted to BSE.