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Dynamic Cables Ltd Q1FY24; 57% rise in Profits.

Dynamic Cables Ltd. is a manufacturer of power infra cables that includes LT, HT, EHVC, Power control & instrumentation cables, flexible & industrial cables, solar cables and railway signaling cables. It supplies cables to Government Discom, Private Distribution companies, Private EPC contractors, industrial and Export clients. Co. has 3 manufacturing plants situated at Jaipur and Reengus. Business operations are managed through a corporate office in Jaipur and 5 regional sales offices across India.

Financial Results:

Dynamic Cables Ltd reported Revenues for Q1FY24 of ₹181.00 Crores up from ₹158.00 Crore year on year, a rise of 14.56%.

Total Expenses for Q1FY24 of ₹167.00 Crores up from ₹149.00 Crores year on year, a rise of 12.08%.

Consolidated Net Profit of ₹11.00 Crores up 57.14% from ₹7.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.17, up 58.59% from ₹3.26 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: cables
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