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.