Spectrum Electrical Industries
1,298.60
+13.40(+1.04%)
Market Cap₹2,040.60 Cr
PE Ratio59.42
Company Performance:
1D+1.04%
1M+19.13%
6M-14.44%
1Y-29.05%
5Y+2,138.97%
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More news about Spectrum Electrical Industries
31Oct 25
Spectrum Electrical Industries Faces Delay in QIP Fund Utilization Due to Regulatory Hurdles
Spectrum Electrical Industries Limited reported a delay in utilizing Rs. 36.55 crores raised through a Qualified Institutional Placement (QIP) in FY 2023-24. As of June 30, 2025, Rs. 27.59 crores have been utilized, with Rs. 8.95 crores pending utilization. The delay is primarily due to extended approval processes for a factory building construction. The company has now received all necessary approvals, and construction is underway. Unutilized funds are temporarily invested in fixed deposits with scheduled commercial banks.
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14Aug 25
Spectrum Electrical Industries Reports Strong Q1 Performance with 15.7% Revenue Growth
Spectrum Electrical Industries Limited announced robust Q1 FY24 results. Standalone revenue increased by 15.7% YoY to Rs 8,454.81 lakhs, while net profit more than doubled to Rs 608.51 lakhs. Consolidated revenue stood at Rs 8,542.74 lakhs with a net profit of Rs 562.83 lakhs. EPS improved to Rs 3.90 from Rs 1.43 in the previous year. The company has Rs 895.31 lakhs of unutilized funds from its February 2024 QIP, earmarked for capital expenditure.
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31May 25
Spectrum Electrical Industries Reports Significant Q4 Profit and Revenue Growth
Spectrum Electrical Industries announced strong Q4 financial results. Net profit more than doubled to ₹134.00 crore from ₹59.00 crore year-over-year. Revenue grew by 36.51% to ₹1,720.00 crore from ₹1,260.00 crore in the same period last year.
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Spectrum Electrical Industries
1,298.60
+13.40
(+1.04%)
1 Year Returns:-29.05%
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