Universal Cables consolidated net profit rises 18.29% in the March 2024 quarter

Sales decline 0.44% to Rs 580.33 crore

Net profit of Universal Cables rose 18.29% to Rs 48.57 crore in the quarter ended March 2024 as against Rs 41.06 crore during the previous quarter ended March 2023. Sales declined 0.44% to Rs 580.33 crore in the quarter ended March 2024 as against Rs 582.87 crore during the previous quarter ended March 2023.

For the full year,net profit declined 8.40% to Rs 108.22 crore in the year ended March 2024 as against Rs 118.15 crore during the previous year ended March 2023. Sales declined 8.23% to Rs 2020.67 crore in the year ended March 2024 as against Rs 2201.95 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales580.33582.87 0 2020.672201.95 -8 OPM %10.548.88 -8.008.42 - PBDT71.2659.66 19 167.89173.98 -4 PBT64.8354.10 20 144.13151.50 -5 NP48.5741.06 18 108.22118.15 -8

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