Birla Cable reports around 6 fold jump in Q2 net profit

Birla Cable has reported results for second quarter ended September 30, 2018.

The company has reported around 6 fold jump in its net profit at Rs 15.72 crore for the quarter under review 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.

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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.