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Birla Cable Limited Earnings Release 2019

May 17, 2019

62270_rns_2019-05-17_e6fec797-b778-4f74-b3d0-986b7c4fd6f1.PDF

Earnings Release

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Birla Cable Limited

(Formerly Birla Ericsson Optical Limited)

17 MAY 2019

Regd. Office & Works: Udyog Vihar, P.O. Chorhata, Rewa - 486 006 Madhya Pradesh, India. Telephone: +91 07662 400580 · Fax: +91 07662 400680 E-Mail: [email protected] · Website: www.birlacable.com PAN No. AABCB1380L · CIN No. L31300MP1992PLC007190 GSTIN: 23AABCB1380L1ZW

BCL/CS/19-20/

BSE Ltd. Corporate Relationship Department 1st Floor, New Trading Ring, Rotunda Building P.J.Towers, Dalal Street, Fort, MUMBAI-400 001

The Manager, Listing Department, The National Stock Exchange of India Ltd, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), MUMBAI-400 051

Company's Scrip Code: 500060

Company's Scrip Code: BIRLACABLE

Dear Sirs.

Re: Submission of Press Release pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we are enclosing herewith the copy of the Press Release issued by the Company after the Board Meeting held on 17th May, 2019.

This is for your information and record.

Thanking you,

Yours faithfully, For Birla Cable Limited

Lomest loves

Company Secretary

Encl: As above.

I Ū.

(Foherly Birla Ericssoh Optical Limited)

Regd. Office & Works: Udyog Vihar, P.O. Chorhata, Rewa - 486 006 Madhya pradesh, India. Telephone: +9'l 07662 400580 . Fax : +9] 07662 400680 E Mail : [email protected] :wwwbirlacable.com PAN No. AABCB I3801 . CIN No. L3 l 300M Pl 992P1C0071 90 CSTIN : 23AABCBI3BOLI ZW

Press Releasc (FY 20f8-19) 17"' |lay ,2019 Source: BIRLA CABLE LIMITED (BSE: 500060 NSE: BIRLACABLEEQ)

Birla Cable Limited, a Cornpany belonging to MP Birla Gfoup, today (l7rr' May, 2019) announced its financial results for the Quafter and. Financial Year ended 3 l'r March, 20 I 9.

Birla Cable Limit€d touches an all-time high pcrformance during the year 2018-19, Ycar to year comparison is given belorv :

Revenue fion.r Up 52.82 Y"
Opelations
EBITDA Un 129.60'h
PAT Up 191.57'lo

Birla Cable Lirnited achieved tlre total Revenue fi'om Operations of INR 502.3I Clores in FY 2018- l9 as compared to INR 328.69 Crores in the previous FY 2017-18 registering increase of 52.82 %0. The revenue from exports for the Company stood at INR J2.42 Crores during the year under review. Earnings before interest (finance costs), tax, depreciation and aurortization (EBII'DA) duling the FY 20 I 8- l9 reached to level of lN R 8 | .66 Crores as compared to INR 35.57 Crores irr the previous financial year. During the year under review, the Company earned Profit before'fax of INR 66.27 Croles as compared to INR 24.02 Crores in the previous fiscal reflecting a robust increase of 175.90 o/0. Profit after Tax stood at INR 47.03 Crores in FY 2018-19 as compared to INR 16.13 C|ores in tlre previor.rs fiscal year showing an growth of 191.51 %.

Board of Directors ofthe Cornpany has recomnrended dividend of Rs. 2/- per share (i.e.20%), subject to shareholdels approval.

The peforrnance ofthe Cornpany marked an impressive improvement during the financial.year 2018-19 riding on a robust der.nand for Optical Fibre Cables fuelled by Government driven "BharatNet" project and bulk orders placed by private telecom operator, rolling oLrt greenfield 4G LTE project. This strong boonr in the market during the financial year under review, has catapulted the Cornpany into highest ever perfonnance in ternrs of both Revenue and Profit glowth since its inception and long term business operations in the Cable Industry. The Company could deliver these stroug results riding on its state-of-the-ar1 manufacturing set-up with best-in-class technology capabilities and with efficient execution skills of the plofessional ly trained teanr.

This was made possible due to Company's endeavour to keep abreast with the latest and changing technology trends in the Industry, thereby inrplernenting smart stfategies in the system to bring constant improvements and innovation in the process.

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The ongoing Capacity Expansion plojects in Optical Fibre Cables segrnent will take the capacity to more than 180,000 Cable Kms annually and the Data Cable Capacity to 0.5 million boxes per annum which are likely to go on stream by Q I of this financial year 2019-20.

The Company has put its thrust in developing innovative products which are capable for ad{ressing the ever-changing requirements of the Telecom industry in tenns of diverse applications in 4G LTE technology, FTTH and the upcoming 5G technology as well. The company is a pioneer in complete product and solutions offerings in the segme ts like Power, Oil &Cas and Renewable Energy.

For, Birla Cable Limited

^ n tl K/;a'Y-

(Authorised Signatory)

Place : New Delhi