Delton Cables Ltd — Updates, 30-05-2025: Company Update
Delton Cables Limited has announced a board meeting to approve the financial results for the quarter and half-year, declaring a final dividend of Rs. 2 per equity share (20%). The Board approved the re-appointment of internal auditors S.R. Dinodia & Co. LLP and key leadership extensions: Mr. Vijender Kumar Gupta as Chairman & Whole-Time Director, Mr. Vivek Gupta as Managing Director & CEO, and Mr. Atul Aggarwal as Non-Executive Independent Director, all subject to shareholder approval. Mrs. Sangeeta Tondon resigned as CFO and Mr. Rameshwar Jaiswal has been appointed as her successor. The Board also approved increasing borrowing powers up to Rs. 500 Cr, pending shareholder consent. The audited results showed a net profit of Rs. 20.51 Cr for the year, up from Rs. 14.66 Cr last year, with total income nearly doubling to Rs. 710.92 Cr. Total equity improved to Rs. 90.45 Cr, supported by significant asset growth. Operationally, the company expanded borrowings but maintained positive cash flows from financing activities, investing in property and plant. The company continues to focus on leadership stability and financial growth, providing confidence to shareholders.
