Dynamic Cables Limited has informed the Exchange regarding Change in Director(s) of the company.
DYCL · price
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Dynamic Cables Limited's board approved audited financial results for Q4 and FY ending March 31, 2025, with the statutory auditor issuing an unmodified opinion. Revenue from operations rose to Rs. 102,537.34 lakhs (FY24: Rs. 82,666.94 lakhs), while profit after tax grew to roughly Rs. 6,470 lakhs (FY24: Rs. 3,834.30 lakhs), a ~69% jump in PAT. The board recommended a final dividend of Rs. 0.50 per share (5%) totalling Rs. 121.15 lakhs, with June 23, 2025 as the record date and the 18th AGM set for June 30, 2025. Mr. Ashish Mangal was re-appointed as Managing Director for another 3-year term effective July 21, 2025, subject to shareholder approval. The company also appointed V.M. & Associates as Secretarial Auditor (5-year term), and re-appointed DLS & Associates LLP as Internal Auditor and Maharwal & Associates as Cost Auditor for FY 2025-26. 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 utilised so far.
Strong FY25 results with significant profit growth and a modest dividend signal operational momentum, while the re-appointment of the existing promoter-family MD and continuity of all auditors suggest stable governance with no leadership disruption for shareholders.