Vindhya Telelinks hits record high on strong Q4 earnings

The company’s profit jumped three-fold to Rs116.04cr in Q4FY21. On a yearly basis, profit rose to Rs270.08cr in FY21 compared to Rs237.40cr in FY20.

Jun 30, 2021 09:06 IST India Infoline News Service

Quarterly Results
Vindhya Telelinks Limited on Tuesday reported a higher consolidated profit at Rs116.04cr in the fourth quarter ended March 31, 2021, against Rs38.26cr during the same quarter last year. On a yearly basis, profit rose to Rs270.08cr in FY21 compared to Rs237.40cr in FY20.

The company’s revenue jumped to Rs556.56cr in Q4FY21 from Rs459.08cr in Q4FY20. During FY21, revenue declined to Rs1502.06cr from Rs1883.19cr in FY20.

The company's stock was in demand during early trade on Wednesday. At around 9.45 am, Vindhya Telelinks Ltd stock was trading at Rs1354.10 up Rs122.35 or 9.93% from its previous closing of Rs1,231.75 on the BSE.
The scrip opened at Rs1,374 and has touched a record high of Rs1,420 per piece and low of Rs1,336 per piece  respectively on Wednesday. 

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