Dynamic Cables Limited has informed the Exchange regarding Outcome of Board Meeting held on May 13, 2025.
DYCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dynamic Cables Limited announced its audited financial results for Q4 and FY ended March 31, 2025, with revenue from operations rising to Rs. 1,02,537.34 Lakhs (up ~33.5% from Rs. 76,800.36 Lakhs in FY24). Profit after tax grew sharply to Rs. 5,076.58 Lakhs (vs Rs. 2,422.93 Lakhs in FY24), with basic EPS rising to Rs. 17.16 from Rs. 9.73. The Board recommended a final dividend of Rs. 0.50 per equity share (5% on Rs. 10 face value), subject to shareholder approval at the 18th AGM on June 30, 2025. Mr. Ashish Mangal was re-appointed as Managing Director for another 3-year term effective July 21, 2025. The statutory auditor (A. Bafna & Co.) issued an unmodified opinion on the results. The company had raised Rs. 9,658.79 Lakhs via a preferential issue in June 2024, of which Rs. 6,060.07 Lakhs has been utilized as of March 31, 2025.
Strong double-digit revenue and profit growth, along with EPS nearly doubling year-on-year, is a positive signal for shareholders. The 5% dividend is modest but reflects continued capital returns, and leadership continuity under the existing MD should support business stability going forward.