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HomeNewsCable NewsModern Communication and Broadcast Systems sees dip in operating income in FY19
Monday, 06 April 2020 12:13

Modern Communication and Broadcast Systems sees dip in operating income in FY19

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Modern Communication and Broadcast Systems (MCBS), the leading set-top box (STB) manufacturer, has seen a sharp drop in its operating income in FY19 which stood at Rs 82 crore compared to Rs 105.59 crore in the previous fiscal.

The company’s net profit has dropped to Rs 1.03 crore from Rs 2.71 crore. MCBS reported a PAT of Rs. 3.15 crore on an OI of Rs. 103.5 crore in FY2017.

Started in 1985, the company is owned by G. C. Jain, and is involved in manufacturing communication and broadcast systems, executing turnkey projects and undertaking system integration projects. MCBS is an ISO-9001-2000 registered company that manufactures Ku-Band Dish Antenna of different sizes for various reputed DTH service providers.

The company started manufacturing STBs from FY2014, which are supplied to local cable operators and are sold under its own brand. In addition, MCBS is involved as a system integrator in the CCTV segment, headends and fibre optical cables.

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