While the entry of too many new players hit its topline, Vindhya Telelinks’
bottomline too received a drubbing because of a 14 percent drop in the price of
copper cables. The company posted a turnover of Rs 328.9 crore, down by 8
percent from the previous year’s turnover of Rs 361.3 crore. Profits came down
to Rs 8.8 crore from Rs 30.3 crore.
Vindhya Telelinks was established in joint sector between Universal Cables
and Madhya Pradesh State Industrial Development Corporation, to implement a
project for the manufacture of jelly-filled telephone cables (JFTC). The plant
located at Rewa (MP) started commercial production in 1986. It has a technical
collaboration with Ericsson AB of Sweden.
The initial capacity set up to manufacture 6.25 lakh core km of JFTC has been
increased over the period to 60 lckm, ranging from 5 pair to 2,400 pair, with
all the facilities to manufacture. The company is also having facilities for the
manufacture of optical fiber cables (OFC) with a capacity of more than 30,000
cable km per annum.
The company has obtained IS/ISO 9002 and ISO 14001 certifications, and is
catering mainly to the requirements of Bharat Sanchar Nigam Ltd and Mahanagar
Telephone Nigam Ltd, apart from other government and private organizations.