Dynamic Cables Reports Record Q1 Revenue, 57% YoY Growth in Profit After Tax 5 days ago
Dynamic Cables Limited achieved its highest ever Q1 revenue with 26% year-on-year growth and 28% volume increase. Operating profit rose by 23% to Rs 26.90 crores, while Profit After Tax grew by 57%. The order book reached Rs 734.00 crores, up 57% year-on-year. The company's customer mix includes 82% private sector sales, 9% government sales, and 9% exports. Product mix comprises 51% high voltage cables, 39% low voltage cables, and 8% conductors. A Rs 35.00 crores capacity expansion project focusing on solar cables and high voltage products is underway. Management maintains an EBITDA margin guidance of 10-10.5% and expects to be free from long-term debt by year-end.
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More news about Dynamic Cables
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.