29-Jan-2025 06:28 PM
7844
New Delhi, Jan 29 (Reporter) Consumer Electricals R R Kabel (RRK) on Wednesday reported a marginal fall of 3.3 percent in net profit year-on-year at Rs 68.6 crore in the third quarter of current financial year, versus Rs 71 crore in the corresponding quarter of previous fiscal.
Revenues from operations grew over 9 percent at Rs 1,782.2 crore during the reporting quarter as against Rs 1,633.5 crore in the corresponding quarter of last financial year.
Commenting on the Results, Mr. Shreegopal Kabra, MD said, “RR Kabel has delivered its highest-ever revenues in 9M FY25, despite overall moderate volume growth in Wires & Cables business, while the FMEG segment recorded solid revenue performance, driven by robust volume growth and an improved product mix.
Despite volatility in commodity prices, demand has remained fairly stable. Looking ahead, we expect margin improvements in the coming quarters. We continue to focus on our long-term vision of achieving double-digit EBITDA margins, breakeven in the FMEG segment, capacity expansion, and diversifying into newer and emerging market opportunities...////...