Delton Cables Announces Q3 FY 23 Results: Revenue Rockets 63.19% YoY to 67.69 Cr.
Delton Cables Limited [BOM: 504240], an Indian cable and switchgear manufacturer, has announced its financial results for the quarter ended 31st December 2022.
Analysis of Delton’s Financial Figures
YoY Comparison of Delton Cables’ Q3 Financials: Q3 FY-23 vs. Q3 FY-22
Delton cables reported Rs. 67.69 crore as revenue from operations for the quarter ended 31st December 2022. This reflects a remarkable 63.19% jump in revenue from Rs. 41.48 crore, which was logged during Q3 of FY-22.
Year-over-Year (YoY) comparison of Delton’s Q3 Profit After Tax (PAT) shows that the company clocked a Rs. 1.57 crore profit in Q3 FY-23, as against a loss of Rs. 1.99 crore during Q3 of previous financial year.
QoQ Analysis of Delton Cable’s Financial Results: Q3 FY-23 vs. Q2 FY-23
On a Quarter-over-Quarter (QoQ) basis, the company’s revenue from operations shot up by 13.73%, reflecting healthy growth. Delton had reported Rs. 59.52 crore as its revenue from operations during the quarter ended 30th September 2022.
PAT of the company also followed an upward trajectory, soaring by 67.02% from Rs. 0.94 crore logged during Q2 of FY-23.
About Delton Cables Ltd.: Delhi-headquartered Delton Cables Ltd. is a manufacturer of electric cables, communication cables and switchgear products. The company was established in 1948. Delton’s clientele spans several sectors including telecommunication, defence, power and mining, cement, oil and gas, steel and infrastructure.