Birla Cable Expands Reach: Appoints Nedia Enterprises as Distributor for Americas
Birla Cable Limited (BCL) has appointed Nedia Enterprises Inc., USA (Nedia Fiber) as its distributor for the Americas. The three-year agreement covers distribution rights in North and South America. Nedia Fiber will handle distribution, branding, logistics, certifications, marketing, and customer engagement for BCL's products. This partnership aims to strengthen BCL's presence in the Americas, leveraging Nedia Fiber's expertise in the telecommunications and data centre industry.
12Jun 25
EU Imposes Countervailing Duty on Indian Optical Fibre Cables, Impacting Birla Cables
The European Union has imposed a countervailing duty on optical fibre cables imported from India, directly impacting Birla Cable, a key player in the Indian optical fibre cable industry. This measure could increase the cost of Birla Cable's products in the European market and potentially affect other Indian manufacturers in the sector. The company may need to reassess its export strategies and explore ways to maintain competitiveness in the EU market. The situation highlights the complex relationship between international trade policies and the technology sector.
21May 25
Birla Cable Reports Mixed Q4 Financial Results with Revenue and EBITDA Decline
Birla Cable's Q4 results show a marginal decline in net profit to ₹14.50 crore, down 0.68% YoY and 6.45% QoQ. Revenue decreased by 10.86% YoY to ₹156.00 crore, while EBITDA fell to ₹5.80 crore from ₹7.07 crore last year. The EBITDA margin also dropped to 3.73% from 4.05% YoY, indicating reduced profitability.