Universal Cables Limited has informed the Exchange regarding Outcome of Board Meeting held on May 23, 2026. The Board of Directors of the Company at its Meeting held today i.e. 23rd May, 2026 has, interalia, considered and approved Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended 31st March, 2026 and Recommended Dividend of Rs. 4.50 per share (i.e. 45%) for the financial year 2025-26, subject to approval of members at the ensuing Eighty First (81st) Annual General Meeting of the Company.

Universal Cables Limited reported strong FY26 results with consolidated revenue from operations growing 25.5% to Rs. 30,226.73 lakhs from Rs. 24,083.86 lakhs in FY25. Consolidated profit after tax surged 82.5% to Rs. 16,310.92 lakhs (EPS: Rs. 47.01) compared to Rs. 8,938.51 lakhs (EPS: Rs. 25.76) in the previous year. The board recommended a dividend of Rs. 4.50 per share (45%) for FY25-26, subject to shareholder approval. Two major capex plans were approved: an ongoing organic expansion of Rs. 550 crores plus a new Rs. 73 crore technological upgradation of the EHV Cable facility at Satna, MP. The company also approved raising up to Rs. 200 crores via non-convertible debentures. An independent director (Shri Bachh Raj Nahar) will cease to be a director from June 14, 2026 upon attaining age 75. The statutory auditor gave an unmodified opinion but drew an emphasis of matter regarding three subsidiaries of associate Vindhya Telelinks that were excluded from consolidation due to ex-directors allegedly having unauthorized possession of books of accounts.