Q1 FY23 results is out.
Decreasing sales from past 2 qtrs.
Decreasing profit from last 4 qtrs.
The PPT give some hope to stay in this.
Points from PPT:
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Consolidated: Profit down 41.8% at ₹51.1 cr vs ₹87.8 cr (YoY)
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Consolidated: Revenue down 12.9% at ₹1,051 cr vs ₹1,206.8 cr (YoY)
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Consolidated: EBITDA down 41% at ₹109.8 cr vs ₹186.1 cr (YoY)
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Consolidated: EBITDA margin at 10.45% vs 15.42% (YoY)
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BharatNetPhase – completing the deployment of 7843 Km of OFC Network in Punjab and 7733 Km in Jharkhand
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Projects under implementation:
- Public Telecommunication- ~INR1,519+Cr (USD 192+ mn) Current Order Book
- Defence Communication- ~INR 2,354+Cr (USD 298+ mn) Current Order Book
- Railway Communication- ~INR 381+Cr (USD 48+ mn) Current Order Book
- ~INR 5,300 Cr + (~USD 671 mn) Order Book as on 30thJune, 2022
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