Universal Cables Limited — Others, 08-08-2025: Change in Management
08-08-2025 | 08:51 pm
08-08-2025 | 08:51 pm
Universal Cables' board has announced a meeting where it approved the financial results for the quarter ended June 30, 2025. Standalone revenue was ₹600.19 Cr with a profit of ₹19.50 Cr, and consolidated profit reached ₹32.91 Cr. The company also approved a corporate guarantee of USD 11,307,300 for its joint venture, BFFOPL, to facilitate imports of Preforms from Shin-Etsu Chemical Co., Ltd. This back-to-back guarantee covers 50% of the total import value of USD 22,614,600, with no expected liability. Additionally, Shri Sanjeev Dubey has been designated as a Senior Managerial Personnel.
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