ManufacturingPre-market
RR Kabel targets double-digit EBIT margins with ₹1,200 crore capex
pre-market1 source ↓written by the desknot a recommendation
- last year
- 7.4%
- capital expenditure
- ₹1,200 crore
- in its core
- 22% YoY growth
- 134.7% YoY
RR Kabel aims for double-digit EBIT margins within two to three years, improving from 7.4% last year. The company plans a ₹1,200 crore capital expenditure to support this growth. In H1, it reported 22% YoY growth in its core business and a profit after tax of ₹116.3 crore, up 134.7% YoY.
This strategic move may enhance investor sentiment and strengthen market positioning.
Not investment advice. For informational purposes only.