Financial Highlights

During the FY 2016-17, Company’s turnover increased to Rs. 28,352.03 millions as against Rs. 24,980.15 millions in FY 2015-16 showing a strong growth of 13.50%.

During the FY 2016-17, turnover from Cables stood at Rs. 17,383.12 millions as compared to Rs. 15,203.48 millions in FY 2015-16, showing a growth of 14.34% and Stainless Steel Wire Products contributed a turnover of Rs.1,123.79 millions in FY 2016-17 as compared to Rs.1,003.76 millions in FY 2015-16.

Winding Wires, Flexible & House Wires contributed a turnover of Rs. 4,511.46 millions in FY 2016-17 as compared to Rs.4,058.23 millions in FY 2015-16, showing a  growth of 11.17% and Income from Turnkey Projects also had a great contribution in the total turnover of the Company showing a growth of 11.35 % i.e. from Rs. 4,535.37 millions in FY 2015-16 to Rs. 5,050.30 millions in FY 2016-17.



During the FY 2016-17, Profit before Tax stood at Rs. 1,337.73 millions as compared to Rs. 953.44 millions in FY 2015-16 and Net Profit  stood at Rs. 986.35 millions as compared to  622.02 millions in FY 2015-16.

 

RESEARCH REPORTS

Motilal Oswal 11th Jan 2018