Universal Cables Ltd’s suffered net loss stood of Rs 0.48 cr for Q4FY20

New Delhi: MP Birla Group company Universal Cables Ltd’s consolidated net loss stood at Rs 0.48 crore for the fourth quarter of the 2019-20 fiscal as compared to net profit  Rs 41.48 crore in the same quarter of the previous fiscal. The revenue from operations slumped about 8 percent to Rs 371.80 crore for the fourth quarter of 2019-20 fiscal as compared to Rs 410.38 crore in the same quarter of the previous fiscal.

For the entire fiscal 2019-20, the net profit of the company slumped about 33 percent to Rs 90.07 crore as compared to Rs 135.85 crore in the previous fiscal. The revenue from operations, however, jumped to Rs 1,568.95 crore as compared to Rs 1,416.54 crore in the previous fiscal, the company said in a regulatory filing.

 

menu
menu