Earnings from cable went up by 4.94 per cent to Rs 532.96 crore as compared to Rs 507.86 crore.During the period under review, revenue from lighting and fixtures segment was up 22.12 per cent to Rs 196.21 crore from Rs 160.66 crore, while its electric consumer durables segment revenue rose by 21.06 per cent to Rs 351.42 crore as against Rs 290.27 crore of the corresponding quarter. Switchgear segment growth could be partially attributed to base effect of low growth in last year. Lighting and ECD segments have revved up with a promising outlook".Revenue from switchgears was up 20.20 per cent to Rs 352.85 crore as against Rs 293.55 crore in the year-ago period. Apart from growth in headline segments, we have grown in sub-segments like pumps, geysers, exports and Standard. "He further said: "Cables and wires volume growth continue to be suppressed with low commodity pricing.
Source: Economic Times July 23, 2016 11:37 UTC