 "Vindhya Telelinks zooms 20% on robust Q4 results")
Vindhya Telelinks is locked at the upper circuit of 20% at Rs 717, also its record high on the BSE, after the company reported nearly four-fold jump in standalone net profit at Rs 36.20 crore for the quarter ended March 2015 (Q4), on the back of strong operational income.
The company, which is engaged in the telecom cables business, had posted a profit of Rs 9.60 crore in the year-ago quarter.
The company, which is engaged in the telecom cables business, had posted a profit of Rs 9.60 crore in the year-ago quarter.
Total operational income of the company during the quarter increased 78% to Rs 254 crore as against Rs 143 crore in the corresponding quarter of the previous fiscal.
EBITDA or operating profit margin expanded substantially to 20.09% in the March 2015 quarter compared to 13.7% in the previous year's quarter.
Meanwhile, the board has recommended a dividend at the rate of Rs 5 per equity share of face value of Rs 10 each for the year ended March 31, 2015.
Till 1240 hours, a combined 120,649 shares changed hands and there were pending buy orders for 12,435 shares on the BSE and NSE.