Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.

Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Surana Telecom profits up 328%. - Views on News from Equitymaster
  • E-MAIL
  • A  A  A
  • Apr 26, 2000

    Surana Telecom profits up 328%.

    Suarana Telecom Ltd has reported a turnover of Rs 690 m and net profits of Rs. 51 m for the year ended 31st March 2000, representing an increase of 126% and 328% over the previous years figures of Rs 304 m and Rs 12 m respectively.

    Surana Telecom is a part of the Rs 2200 m Surana group and is engaged in the production of consumer telecom sets, EPABX and other telecommunications.Out of the four divisions of the company, the jelly filled cables division contributed RS 485 m, fibre optics cable Rs 87 m,cable jointing kits and accessories Rs 89 m and optical fibre cable test and measuring equipments Rs 27 m.The company has given a proposal to IDBI to take over Arihant Optics Ltd, which produces optical fibre which is the main raw material for the company.This backward reuction measuren shall result in significant reduction in costs for the company which will boost bottomlines.

    The future is extremely bright for the company in view of the fact that the telecom sector is the fastest growing sector in the country and the fact opportunities in telecom are increasing because of convergence.



    Equitymaster requests your view! Post a comment on "Surana Telecom profits up 328%.". Click here!


    Copyright © Equitymaster Agora Research Private Limited. All rights reserved.
    Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

    LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA or Canada, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

    SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

    Equitymaster Agora Research Private Limited. 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
    Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407

    Become A Smarter Investor In
    Just 5 Minutes

    Multibagger Stocks Guide 2017
    Get our special report, Multibagger Stocks Guide (2017 Edition) Now!
    We will never sell or rent your email id.
    Please read our Terms