CMI Lim­ited an­nounces Q3 re­sults

Power Watch India - - DESPATCHES FINANCE -

CMI Ltd the lead­ing spe­cialty cables man­u­fac­turer an­nounced its unau­dited fi­nan­cial re­sults for the quar­ter ended 31st De­cem­ber 2015. The rev­enues are at Rs 66.44 crore in Q3 2015-2016 as against Rs 36.78 crore in Q3 of 2014-15, mark­ing an in­crease of 80.66%. The rev­enues have also in­creased by over 15% on a QoQ ba­sis, up from Rs 57.57 crore in Q2 2015-16. The profit af­ter tax (PAT) at Rs 4.81 crore in Q3 2015-2016, against Rs 2.01 crore in Q3 of 2014-15, marked an in­crease of 139% in prof­itabil­ity. The PAT has also in­creased by over 19.66% on a QoQ ba­sis, up from Rs 4.02 crore of Q2 2015-16. The earn­ing per share (EPS) was Rs 3.54 in the quar­ter ended 31 De­cem­ber 2015, up from Rs 1.97 in Q3, 2014-15, mark­ing an in­crease of 79.7%.

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