The company reported ₹1,043 crore in revenue, down 4.6% on a year-on-year basis from ₹1,093 crore in the same quarter last year. However, it rose 19.8% on a sequential basis from ₹871 crore in revenue in the June quarter.
Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 19.9% from last year to ₹190 crore, while EBITDA margin improved by 370 basis points to 18.2% from 14.5% a year earlier.
Shares have gained 1.40% in the past month but are down 33.21% on a year-to-date basis so far.
International order win
The company also informed the exchanges that it has secured an international order worth ₹281.20 crore for the supply of optical fibre cables. The company stated, without naming its client, that the order will be executed by December 2026.
“This significant order reaffirm the trust our global customers place in the company’s manufacturing capabilities, technological excellence and product quality,” the management said in a statement.
In September, the company said it executed a share purchase agreement (SPA) to divest its entire stake in Nivetti Systems Private Limited. It holds 2,17,594 equity shares, representing 15.19% of Nivetti’s total shareholding.
