Universal Cables Limited — Others, 22-05-2025: Change in Auditors
Universal Cables has announced a board meeting on 22nd May 2025 where it approved the financial results for the quarter and half-year. Q4 net profit rose 4% YoY to Rs.27.01 Cr on record revenue of Rs.674.03 Cr, up 16% led by strong MV and LV cable sales. Full-year revenue grew 19% to Rs.2408.39 Cr with net profit up 6% to Rs.57.28 Cr. Capacity utilization reached 90%, reflecting near-optimum production. Capex of Rs.126.31 Cr supports a Rs.505 Cr expansion at Satna and Goa, with further investments planned. Exports more than doubled to Rs.209 Cr. The order book strengthened to nearly Rs.3000 Cr, driven by EHV cables and turnkey projects. Dividend proposed at Rs.4 per share, subject to approval. R.K. Mishra & Associates appointed as Secretarial Auditors and P K M B & Co. as Internal Auditors for FY 2025-26.
