R R Kabel shares jump nearly 8% as Q1 profit more than doubles
R R Kabel’s consolidated net profit rose 128.5% year-on-year to Rs 205 crore in the June quarter, while revenue grew 53.9% to Rs 3,168 crore. EBITDA climbed 310.6% to Rs 583 crore and margin expanded to 18.4%, aided by a Rs 169 crore inventory write-back.
R R Kabel reported sharply higher June-quarter profit, revenue and operating margins, aided by a Rs 169 crore inventory write-back. Its shares rose nearly 8% after consolidated net profit climbed 128.5% year-on-year to Rs 205 crore.
Why this matters
No related recent signals were provided, so R R Kabel's June-quarter performance cannot be compared with a documented prior company pattern.
Retail-company signals are accelerating, up 387633% quarter-on-quarter.