DCG Cables & Wires Limited — Important, 11-11-2024: Updates
**DCG Cables & Wires Limited - Board Meeting Update**
The Board of Directors convened a meeting and approved the un-audited financial results for the half-year ending September 30, 2024. Notable highlights include revenue from operations of ₹5,958.26 crore, demonstrating a substantial increase compared to ₹4,836.20 crore from the previous half-year. Total income also saw growth to ₹5,983.98 crore, up from ₹4,837.64 crore.
Total expenses amounted to ₹5,347.83 crore, leading to a profit before tax of ₹636.15 crore. After accounting for tax expenses, the profit after tax stands at ₹479.42 crore. This reflects robust operational efficiency despite the increasing cost of materials, which accounted for ₹5,749.21 crore.
Looking ahead, the company’s positive growth trajectory indicates strong demand in their sectors, underscoring a favorable outlook for investors while also highlighting the need to monitor raw material cost fluctuations as a potential risk.
**Key Metrics:**
- Revenue: ₹5,958.26 crore
- Profit Before Tax: ₹636.15 crore
- Profit After Tax: ₹479.42 crore
- Earnings Per Share: ₹2.64
