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Universal Cables announced that the Board of Directors of the Company at its meeting held on 23 May 2026, inter alia, have recommended the final dividend of Rs 4.5 per equity Share (i.e. 45%) , subject to the approval of the shareholders.

The board of Universal Cables at its meeting held on 23 May 2026 has approved raising of funds by way of issuance of Non-Convertible Debentures (NCDs) or such other debt securities on a private placement basis aggregating upto Rs. 200 crore.

The board of Universal Cables at its meeting held on 23 May 2026 has approved the plan for technological upgradation and modernisation of Company`s EHV Cable facility at Satna (M.P.) with an outlay of approx. Rs.73 crore by investing in precision manufacturing. This investment is in addition to the ongoing organic capacity expansion project with an estimated capital outlay of Rs.550 crore.

Net profit of Universal Cables rose 11.33% to Rs 55.32 crore in the quarter ended March 2026 as against Rs 49.69 crore during the previous quarter ended March 2025. Sales rose 24.66% to Rs 840.27 crore in the quarter ended March 2026 as against Rs 674.03 crore during the previous quarter ended March 2025.For the full year,net profit rose 82.47% to Rs 163.11 crore in the year ended March 2026 as against Rs 89.39 crore during the previous year ended March 2025. Sales rose 25.51% to Rs 3022.67 crore in the year ended March 2026 as against Rs 2408.39 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales840.27674.03 25 3022.672408.39 26 OPM %8.209.17 -8.627.46 - PBDT87.5872.04 22 256.33144.77 77 PBT76.6064.95 18 217.40117.46 85 NP55.3249.69 11 163.1189.39 82 Powered by Capital Market - Live News

Universal Cables will hold a meeting of the Board of Directors of the Company on 23 May 2026.