Cords Cable Industries Limited has informed the Exchange regarding Board meeting held on July 31, 2025.
CORDSCABLE · price
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Awaiting price reaction for this filing.
Cords Cable Industries reported its Q1 FY26 (quarter ended June 30, 2025) unaudited results, approved at the board meeting on July 31, 2025. Revenue from operations rose to ₹22,560.73 lakhs, up about 30% from ₹17,296.48 lakhs in the same quarter last year. Profit after tax grew to ₹386.61 lakhs (EPS ₹2.97) versus ₹287.58 lakhs (EPS ₹2.22) a year ago, a roughly 34% jump. The board confirmed the 34th AGM for September 29, 2025, with the record date set as September 22, 2025 for dividend eligibility, and announced the appointment of Shri Praveen Verma as an Independent Director for a five-year term from October 1, 2025. The statutory auditor (Alok Misra & Co.) issued an unmodified limited review report with no qualifications.
Strong double-digit growth in both revenue and profit signals healthy operational momentum and is a positive read for shareholders. The proposed dividend and new independent director appointment add to the positive governance tone, likely supportive of the stock in the near term.