UCAL, an automotive components manufacturer, released its Q1 unaudited financial results. Standalone revenue decreased to Rs. 13,960.10 lakhs from Rs. 15,013.76 lakhs in the previous quarter. However, profitability improved with PBT at Rs. 146.29 lakhs and EBITDA margin rising to 8.86%. Consolidated results showed revenue decline to Rs. 19,452.27 lakhs, but losses narrowed significantly. The company's EBITDA margin improved from -0.41% to 6.64%. UCAL awaits RBI approval for write-offs totaling Rs. 15,191.85 lakhs from its US subsidiary.