Universal Cables Limited — Others, 08-08-2025: Giving guarantees/indemnity/ becoming a surety for third party
08-08-2025 | 09:02 pm
08-08-2025 | 09:02 pm
Universal Cables' board has approved the financial results for the quarter ended June 30, 2025. Standalone revenue from operations was ₹600.19 Cr with a profit of ₹19.50 Cr. Consolidated revenue also stood at ₹600.19 Cr, with a consolidated profit of ₹32.91 Cr. The board also approved a Corporate Guarantee of USD 11,307,300 for its joint venture, Birla Furukawa Fibre Optics Private Limited, to secure raw material imports. This move facilitates critical supplies for the JV without immediate financial liability. Additionally, Shri Sanjeev Dubey, Senior Vice President (Sales & EHV Operations), has been designated as Senior Managerial Personnel.
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