Dynamic Cables Limited has informed the Exchange that Record date for the purpose of Dividend is 23-Jun-2025.
DYCL · price
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Dynamic Cables Limited reported audited results for FY25 with revenue from operations of Rs. 1,02,537.34 lakhs, up from Rs. 82,666.94 lakhs in FY24, a growth of roughly 24%. Profit before tax rose to Rs. 5,076.58 lakhs from Rs. 3,834.30 lakhs, while PAT came in at Rs. 4,891.99 lakhs, marking a sharp year-on-year jump. The statutory auditor A. Bafna & Co. issued an unmodified opinion. The Board recommended a final dividend of Rs. 0.50 (5%) per equity share, totalling Rs. 121.15 lakhs, with the record date fixed as June 23, 2025 and the AGM scheduled for June 30, 2025. Additionally, Mr. Ashish Mangal was re-appointed as Managing Director for another 3-year term from July 21, 2025, and new Secretarial, Internal, and Cost Auditors were appointed for FY26.
Strong revenue and profit growth combined with an unmodified audit opinion and a small dividend payout signals healthy operational performance for shareholders. The record date of June 23, 2025 is the cut-off to be eligible for the Rs. 0.50 per share dividend. The re-appointment of the existing MD and continuity of auditors suggest governance stability.