Please find enclosed herewith Unaudited Standalone Financial Results for the quarter and half year ended on September 30, 2025.
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Ultracab (India) Ltd, a wires and cables maker, reported its Q2 FY26 results on November 10, 2025. Revenue from operations stood at Rs 5,766.05 lakh in Q2 FY26, up about 3.8% from Rs 5,554.70 lakh in Q2 FY25. For the half year, revenue grew around 7.8% to Rs 11,779.53 lakh versus Rs 10,924.14 lakh a year ago. However, profitability weakened sharply: profit after tax fell to roughly Rs 152 lakh in Q2 FY26 from about Rs 265 lakh in Q2 FY25, a decline of nearly 43%, and H1 PAT dropped about 25% YoY to Rs 322.24 lakh. PBT margin compressed from around 5.9% to 3.4% YoY, reflecting higher finance costs and weaker cost absorption. Net worth improved to Rs 9,048.60 lakh as of September 2025 from Rs 8,726.36 lakh in March 2025. The statutory auditor (Bhavin Associates) issued a clean limited review report with no qualifications.
Modest top-line growth has not translated into earnings expansion, with margins under clear pressure, which may weigh on near-term investor sentiment despite steady balance sheet growth.