Universal Cables Ltd posts consolidated PAT of Rs. 24.04 crores in Q1 FY2023-24

Universal Cables Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 482.5069 crores during the period ended June 30, 2023 as compared to Rs. 583.8398 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 24.0459 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 41.0556 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 6.93 for the period ended June 30, 2023 as compared to Rs. 11.83 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 482.5069 crs	₹583.8398 crs	-17.36%
Net Profit	₹24.0459 crs	₹41.0556 crs	-41.43%
EPS	₹6.93	₹11.83	-41.42%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 482.5069 crores during the period ended June 30, 2023 as compared to Rs.517.2025 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.24.0459 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.26.7718 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.6.93 for the period ended June 30, 2023 as compared to Rs.7.72 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 482.5069 crs	₹517.2025 crs	-6.71%
Net Profit	₹24.0459 crs	₹26.7718 crs	-10.18%
EPS	₹6.93	₹7.72	-10.23%

Shares of Universal Cables Limited was last trading in BSE at Rs. 492.55 as compared to the previous close of Rs. 494.15. The total number of shares traded during the day was 4168 in over 333 trades.

The stock hit an intraday high of Rs. 509.40 and intraday low of 486.40. The net turnover during the day was Rs. 2076191.00.

Source : Equity Bulls

Keywords

UniversalCables Q1FY24 ResultUpdate