Vindhya Telelinks is a Small Cap company registered Market Cap of 2,350.80 crore during Friday’s closing session. MP Birla Group Company is a prominent manufacturer and supplier of both Jelly Filled Telecommunication Cable and Optical Fiber Telecommunication Cable.
The Board of Directors has “recommended a dividend of Rs. 15/- per share (i.e. 150%) on 1,18,50,863 Equity Shares of face value of Rs. 10 each of the Company for the financial year 2022-23, with the shareholders opting for the same Subject to approval the forthcoming Fortieth (40th) Annual General Meeting of the Company,” said Vindhya Telelinks in a stock exchange filing.
The company has reported a total income of Rs 1376.73 crore during the quarter ended March 31, 2023, as against Rs 370.06 crore during the quarter ended March 31, 2022, representing an YoY growth of 272.03%. During Q4FY23, the net profit of the company was 80.69% increase from 101.30 cr 56.06 cr in Q4FY22. Its EPS grew by 80.68% YoY 85.48 during the quarter under review 47.31 in the year-ago quarter.
In the financial year ending March 2023, Vindhya Telelinks reported a net income of Rs. 2913.92 cr an increase of 115.06% 1354.95 in the last financial year. During 12MFY23, the company’s net profit fell to Rs. 185.31 Cr from 193.27 Cr in 12MFY22, representing a decline of 4.12% YoY.
Vindhya Telelinks shares touched a 52-week high on Friday 2,235.00 on the NSE and then closed at 1,972.15. The stock reached a 52-week low 846.85 on (17-Jun-2022). During Q4FY23, the company reported promoters holding of 43.55%, FII holding of 1.23%, DII holding of 10.01% and public holding of 45.21%.
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