Net doubles at Relicab Cable Manufacturing in FY2018-19
Relicab Cable Manufacturing Ltd marked Rs.22.83 Crore total revenue in the Fiscal Year 2018-19 registering 7.58% YOY growth.
Company : Ridings Consulting Engineers India Ltd
Relicab Cable Manufacturing Ltd reported Rs.1.10 Crore PAT in FY2018-19, increasing by Rs.0.59 Crore as against previous year"s. Reportedly in HY2 of FY2018-19, PAT reached Rs.1.08 Crore while last year it was Rs.50.59 Lakh.
As reported by Mr. Suhir H Shah, Managing Director of Relicab Cable, the company gained 122.55% YOY PBT growth accounting to Rs.1.55 Crore in FY2018-19. In the second half of FY2018-19 profit before tax increased by Rs.0.84 Crore aggregating to Rs.1.52 Crore as against Rs.68.82 Lakh in a year-ago period.
Mumbai based trader of industrial cables, Relicab Cable Manufacturing Ltd achieved Rs.0.76 Crore higher revenue in the second half of FY2018-19 as compared to the previous corresponding period.
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