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Birla Cable Limited Reports Financial Results for Q3 2024

Story Highlights
  • Birla Cable Limited is part of the MP Birla Group, specializing in telecommunications cables.
  • The company reported decreased revenue and profit for Q3 2024 but maintains a stable financial position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Birla Cable Limited Reports Financial Results for Q3 2024

An update from Birla Cable Limited ( (IN:BIRLACABLE) ) is now available.

Birla Cable Limited announced its unaudited standalone financial results for the quarter and nine months ending on December 31, 2024. The company reported a decrease in revenue and profit compared to the previous year, with a total income of 15,854.63 lakhs for the quarter. Despite the decline, the company maintains a stable equity share capital of 3,000 lakhs, while its total comprehensive income for the period remained positive, albeit lower than in the previous year. The announcement reflects ongoing challenges in the market but indicates that the company is still maintaining a positive financial position.

More about Birla Cable Limited

Birla Cable Limited is a part of the MP Birla Group, operating in the telecommunications industry. The company is engaged in the production and distribution of a wide range of cables, focusing on optical fiber cables and other related products.

YTD Price Performance: -13.56%

Average Trading Volume: 4,453

Current Market Cap: 5.56B INR

For a thorough assessment of BIRLACABLE stock, go to TipRanks’ Stock Analysis page.

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