Moneycontrol PRO
HomeNewsBusinessEarningsSiti Cable Q4 net profit at Rs 24 cr

Siti Cable Q4 net profit at Rs 24 cr

The company had posted net loss of Rs 34.12 crore in the corresponding quarter of the previous fiscal, 2014-15.

May 26, 2016 / 13:58 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Essel group firm Siti Cable Network today reported consolidated net profit of Rs 24.06 crore for the fourth quarter ended March 31, 2015-16, on the account of higher sales.

    The company had posted net loss of Rs 34.12 crore in the corresponding quarter of the previous fiscal, 2014-15.

    Its net sales during the quarter under review were up 35.79 percent at Rs 340.15 crore as against Rs 250.48 crore in the year-ago period, Siti Cable said in a BSE filing.

    For the entire 2015-16, the company has reported net loss of Rs 1.71 crore as against net loss of Rs 109.09 crore in the previous fiscal.

    Its net sales in the fiscal stood at Rs 1,153.86 crore as against Rs 889.15 crore in the previous year.

    Shares of Siti Cable were trading 1.18 percent down at Rs 37.60 on BSE.

    first published: May 26, 2016 01:52 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347