Globus Corporation Limited
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BSE Code:
531904
NSE Code:
KARUNACAB
Business Profile
Business Profile
Karuna Cables (KARUNACA) is engaged in the manufacturing of all aluminum conductors (AAC) and aluminum conductor steel reinforced (ACSR) conductors and trading of cotton fabrics and electrical goods. It was incorporated as private limited company on Nov. 13, 1984 and converted into a public limited company on Dec. 16, 1994.
The company manufactures and trades in products such as electrical items, metal wires, bars, coils, sheets and rods, copper cables and switch gears, cotton fabrics and paper. It has its plant in the Medak district of Andhra Pradesh.
The registered office is located at 102, Sanjay Chambers, V.P. Road, Choubal Lane, Opera House, Mumbai-400004.
Financials
Karuna Cables registered a 477.5% growth in net profit to Rs 0.92 million for the quarter ended December 2007 from a profit of Rs 0.16 million for the quarter ended December 2006.
Net sales rose 2.31% to Rs 105.07 million for the quarter ended December 2007 from Rs 102.7 million for the quarter ended December 2006.
Total income was Rs 105.09 million for the quarter ended December 2007.
The earnings per share (EPS) of the company stood at Rs 0.01 for the quarter ended December 2007.