Vindhya Telelinks Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 18, 2023 at 09:49 am
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Vindhya Telelinks Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 13,749.28 million compared to INR 3,578.29 million a year ago. Revenue was INR 13,767.38 million compared to INR 3,700.65 million a year ago. Net income was INR 1,013.07 million compared to INR 560.68 million a year ago. Basic earnings per share from continuing operations was INR 85.48 compared to INR 47.31 a year ago.
For the full year, sales was INR 29,001.11 million compared to INR 13,239.49 million a year ago. Revenue was INR 29,139.22 million compared to INR 13,549.55 million a year ago. Net income was INR 1,853.12 million compared to INR 1,932.8 million a year ago. Basic earnings per share from continuing operations was INR 156.37 compared to INR 163.09 a year ago.
Vindhya Telelinks Limited is an India-based company, which is engaged in the business of manufacturing and sale of a variety of telecommunication cables. The Company's segments include Cables, and Engineering, Procurement & Construction. Its product categories include fiber optic cables, telecom fiber accessories, copper cables, solar cables and power cables. Its fiber optic cables include aerial, underground duct, micro duct, micromodule, FTTX, specialty and indoor. Its power cables include LT aerial bunched cable, instrumentation cable 1, instrumentation cable 2, control cable and poly vinyl chloride (PVC) insulated industrial cable (unsheathed). Its EPC projects include telecom projects, fiber to the home high speed Internet (FTTH) projects, power projects, gas pipeline projects, and light-emitting diode lighting solution. It offers complete turnkey services for engineering, design, supply, construction, installation, testing and commissioning for telecom sector and power sector.