Vindhya Telelinks Limited — Others, 22-05-2025: Change in Director(s)
Vindhya Telelinks Ltd has announced a board meeting outcome approving the financial results for the quarter and half-year ended March 31, 2025. Quarterly net profit rose 42% sequentially to ₹38.15 Cr but fell 22% year-on-year due to slower government spending affecting EPC projects. The cable segment grew strongly with 45% higher revenue at ₹207.14 Cr and a sharp EBITDA increase, driven by specialty cables like Solar PV and Railway. EPC revenue declined 11% QoQ to ₹1,023.51 Cr with margin pressure from project delays, though improvements are expected. Capital expenditure of ₹55.1 Cr targets solar PV cable expansion. A ₹16 per share dividend is proposed. New auditors were appointed, leadership restructured, and a tech partnership renewed to boost rail E-Beam cables. Subsidiary financials remain unresolved due to legal issues. The order book exceeds ₹7,250 Cr, with 15% revenue CAGR expected.
