Paramount Cables Q2 Profit Rises 4% to Rs 20 cr
By Rediff Money Desk, New Delhi Oct 28, 2024 18:33
Paramount Cables reported a 4% increase in Q2 profit to Rs 20.33 crore, driven by higher income. Total income also rose 40% to Rs 358.17 crore.
New Delhi, Oct 28 (PTI) Industrial wire maker Paramount Cables has reported a 4 per cent rise in its consolidated profit after tax to Rs 20.33 crore during the quarter ended September on account of higher income.
It had posted Rs 19.48 crore profit after tax (PAT) in the July-September quarter of the preceding 2023-24 fiscal, the company said in an exchange filing.
During the second quarter, the company's total income also rose to Rs 358.17 crore from Rs 254.32 crore a year ago, a 40 per cent rise.
Paramount Cables manufactures multi-core cables, low and high-voltage cables, and extra-high-voltage cables for industrial applications.
It had posted Rs 19.48 crore profit after tax (PAT) in the July-September quarter of the preceding 2023-24 fiscal, the company said in an exchange filing.
During the second quarter, the company's total income also rose to Rs 358.17 crore from Rs 254.32 crore a year ago, a 40 per cent rise.
Paramount Cables manufactures multi-core cables, low and high-voltage cables, and extra-high-voltage cables for industrial applications.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 8.25 (+ 7.56)
- 69420086
- GTL Infrastructure
- 1.96 ( -1.01)
- 47792089
- Srestha Finvest
- 0.63 ( -4.55)
- 39336100
- YES Bank Ltd.
- 20.56 (+ 5.98)
- 31525072
- G G Engineering
- 2.06 ( -3.29)
- 29768305
MORE NEWS
Federal Bank Q2 Profit Rises 11% to Rs 1,057 Cr
Federal Bank reported an 11% increase in net profit to Rs 1,057 crore in Q2 FY25,...
Ashok Chandra Selected as MD of Punjab National...
FSIB recommends Ashok Chandra, Executive Director of Canara Bank, as Managing Director...
BASF & AM Green Partner for Low-Carbon...
BASF and AM Green B.V. have signed an agreement to explore business opportunities for...