Delton Cables Ltd — Updates, 30-05-2025: Company Update
30-05-2025 | 07:49 pm
30-05-2025 | 07:49 pm
Delton Cables has announced a board meeting to approve the financial results for the quarter and half-year, reporting revenue of Rs. 709.26 Cr and a net profit of Rs. 20.51 Cr for the year, showing solid growth compared to the previous year. A final dividend of Rs. 2 per share has been proposed. The company has re-appointed key leadership, including the Chairman, Managing Director, and an Independent Director, all subject to shareholder approval. The CFO, Mrs. Sangeeta Tondon, resigned citing personal reasons and Mr. Rameshwar Jaiswal has been appointed as the new CFO. The board also approved raising borrowing limits and authorized potential asset sales, both awaiting shareholder consent.
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