Please find attached herewith the outcome of the Board meeting held today i.e., Wednesday, August 06, 2025 under Regulation 30 of the SEBI LODR Regulations, 2015
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Ultracab (India) Ltd's board met on August 6, 2025 and approved its unaudited standalone financial results for the quarter ended June 30, 2025 (Q1 FY26). Revenue from operations grew about 12% year-on-year to Rs. 6,013.48 lakhs (vs Rs. 5,369.45 lakhs in Q1 FY25), but profit for the period fell nearly 20% YoY to Rs. 170.27 lakhs (vs Rs. 212.74 lakhs), with basic and diluted EPS at Rs. 0.14. EBITDA margins appear to have compressed meaningfully YoY as costs rose faster than revenue. The statutory auditor, Bhavin Associates, issued an unqualified limited review report. The board also revised statutory policies/codes and reconstituted the Audit and Stakeholders Relationship Committees following the resignation of Independent Director Mr. Vipul Mansukhbhai Patel; the new committees will be chaired by Mrs. Viralben Chetankumar Dave.
Mixed signals for shareholders: top-line growth was healthy but bottom-line contracted, suggesting margin pressure in the wires and cables business in Q1 FY26. The Independent Director exit and committee reshuffle are governance items to monitor, though the new chair remains an independent director, preserving committee independence. Net worth improved sharply to Rs. 8,896.63 lakhs and debt-equity ratio eased to 0.30 from 0.67 a year ago, strengthening the balance sheet.