Q3FY17 results: Ortel communications
Bhagyashree Vivarekar / 13 Feb 2017
The company reported a PAT figure of Rs (2.77) crore which represents a sequential QoQ decline of 209.06 per cent and YoY decline of 172.14 per cent.
Ortel Communications Ltd. reported its results for the quarter ended December 31, 2016 on Saturday, February 11, 2017.
The total sales for this quarter, Q3FY17, came in at Rs 51.15 crore. This represents a 4.78 per cent sequential decline and 6.5 per cent YoY increase.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs 3.67 crore and the EBIT margin stood at 7.17 per cent.
In terms of the bottom-line, the company reported a PAT figure of Rs (2.77) crore which represents a sequential QoQ decline of 209.06 per cent and a YoY decline of 172.14 per cent.
Ortel Communications Ltd. is an India-based company which acts as manufacturer, repairer, installer and carries the business of operating satellite television network, cable television network, video conferencing, video text, basic telephone service, multimedia content creation, value added services and hire or purchase of equipment required for the purpose. The registered office of the company is in New Delhi.
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