Categories AlphaGraphs, Earnings, Energy

Universal Cables Ltd Q1FY24; 11% fall in Profits

Universal Cables Ltd is predominantly engaged in the business of manufacturing a large range of power cables from 1.1kV to 400kV & capacitors, Turnkey Projects relating thereto and other types of wires and cables, conductors, etc.

Financial Results:

Universal Cables Ltd reported Revenues for Q1FY24 of ₹479.00 Crores down from ₹514.00 Crore year on year, a fall of 6.81%.

Total Expenses for Q1FY24 of ₹470.00 Crores down from ₹498.00 Crores year on year, a fall of 5.62%.

Consolidated Net Profit of ₹24.00 Crores down 11.11% from ₹27.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.93, down 10.23% from ₹7.72 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.

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