Dynamic Cables
406.15
-9.25(-2.23%)
Market Cap₹1,968.15 Cr
PE Ratio26.03
Company Performance:
1D-2.23%
1M+4.93%
6M+51.35%
1Y+0.47%
5Y+494.66%
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More news about Dynamic Cables
13May 25
Dynamic Cables Reports Impressive 71% Surge in Q4 Net Profit
Dynamic Cables Ltd, a leading power and telecom cable manufacturer, reported a 71% year-over-year increase in Q4 net profit, reaching ₹236.00 million. The company's quarterly revenue grew by 7.50% to ₹253.60 crore, with EBITDA rising 8.24% to ₹27.60 crore. For the fiscal year ending March 2024, Dynamic Cables achieved significant growth across key metrics: revenue increased by 14.86% to ₹771.50 crore, EBITDA grew by 22.61% to ₹80.80 crore, and net profit rose by 21.94% to ₹37.80 crore. The company also improved its operational efficiency, with the Operating Profit Margin increasing to 10.06% from 9.39% in the previous year. Interest expenses in Q4 were reduced by 15.56% to ₹3.80 crore, contributing to the improved bottom line.
01Apr 25
Dynamic Cables Boosts Solar Energy Portfolio with BIS License for DC Cables
Dynamic Cables Limited has obtained a Bureau of Indian Standards (BIS) license for their solar DC cables, enhancing their position in the renewable energy sector. This strategic move is expected to boost their growth in the solar energy market. Simultaneously, the company faces tax demands of ₹3.26 crores and ₹1.64 crores for assessment years 2017-18 and 2019-20 respectively. Dynamic Cables plans to appeal these orders and does not anticipate material impact on its financial operations.
28Mar 25
Dynamic Cables Secures BIS License for Solar DC Cables, Boosting Renewable Energy Prospects
Dynamic Cables Limited has obtained a Bureau of Indian Standards (BIS) license for manufacturing solar DC cables, valid until March 26, 2026. The license, under IS No. 17293:2020, allows the company to produce and test electric cables for photovoltaic systems. This approval is expected to enhance Dynamic Cables' business in the renewable energy sector, particularly in solar power applications. The certification ensures product quality and positions the company to capture a larger share of India's growing solar energy market.
Dynamic Cables
406.15
-9.25
(-2.23%)
1 Year Returns:+0.47%
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