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Dynamic Cables LimitedOthers, 04-06-2025: Shareholders meeting

04-06-2025 | 08:26 pm

Dynamic Cables Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company posted a record ₹1,025 Cr revenue in FY25, up 34% YoY, with net profit at ₹65 Cr, driven by strong execution, cost control, and better asset use. Operating profit surpassed ₹100 Cr with a 10.3% EBITDA margin. The order book stands at ₹726 Cr, led by private sector (73%) and exports (9%). To fuel growth, authorized share capital increased to ₹25 Cr, and a preferential allotment raised over ₹96 Cr. The Board proposes a 1:1 bonus share issue and approved an Employee Stock Option Plan 2024. Reappointment of the Managing Director and new Secretarial Auditors for five years were approved. No fraud or non-compliance was reported. A dividend of ₹0.50 per share is proposed. The company is expanding capacity and focusing on high-value cables, exports, and renewable energy infrastructure.

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