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Business News | Dynamic Cables Reports Highest Ever Revenue on Quarterly and 9 Months Basis

Get latest articles and stories on Business at LatestLY. Jaipur (Rajasthan) [India], February 6: Dynamic Cables Limited (DCL), a Jaipur based leading power cable manufacturer reported sales of Rs 192.3 Crs for Q3 FY24, growth of 25 per cent over Q2FY23. Company reported an EBITDA of Rs 18.0 Crs and PAT of Rs 7.5 Crs during the quarter, up 34.8 per cent and 47.8 per cent on QoQ basis respectively. During Q3 the EBITDA margin was at 9.4 per cent as compared to 8.7 per cent in previous quarter and 9.3 per cent in the same quarter previous year. The management has indicated that India's robust macroeconomic environment, coupled with supportive structural measures and a pickup in private and government capital expenditure, is leading to substantial demand for the company's product range. The rapid pace of urbanization, improved budgetary allocations for capital expenditure, and swift infrastructure expansion further contributes to the positive outlook on the demand trajec ....

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Dynamic Cables Reports Highest Ever Revenue on Quarterly and 9 months Basis

Dynamic Cables Reports Highest Ever Revenue on Quarterly and 9 months Basis
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This smallcap power cable stock hits 5% upper circuit. Here's why

Dynamic Cables is manufacturer of power infra cables that includes LV, HV, MV, EHV, power control and instrumentation cables, and signaling cables ....

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Dynamic Cables receives order worth Rs. 95.91 Crs from Northern Railways

Dynamic Cables receives order worth Rs. 95.91 Crs from Northern Railways
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