Dynamic Cables Reports Record Q3 FY25 Performance, Net Profit Surges 110% YoY

Jaipur, January 28, 2025 – Dynamic Cables Limited (NSE: DYCL, BSE: 540795) has reported its Q3 FY25 financial results, posting a 31% year-on-year (YoY) increase in revenue, reaching ₹251.5 crore, while net profit more than doubled to ₹15.8 crore, reflecting strong order execution and operational efficiencies.

Key Financial Highlights – Q3 FY25 (Standalone)​

For the nine months ended December 31, 2024 (9M FY25):

• Revenue: ₹694.2 crore (+32% YoY).
• Net Profit: ₹41.3 crore (+72% YoY).

Operational & Business Highlights​

1. Strong Order Book & Growth Momentum
   • Highest-ever order book of ₹682.92 crore, driven by demand in power infrastructure, rural electrification, and underground cabling projects.
   • Expansion into higher-voltage cables and railway signaling solutions.
2. Debt Reduction & Financial Discipline
   • Net debt reduced to ₹36.4 crore (from ₹108.2 crore in Q1 FY25).
   • Receivable days improved to 67 days (down from 70 days in Q2 FY25).
3. Capacity Expansion & Productivity Gains
   • Operational efficiency improvements through capacity debottlenecking.
   • Increased production capacity to meet rising demand in the domestic and export markets.

Management Commentary​

Ashish Mangal, Managing Director, Dynamic Cables Limited, stated:
"This quarter, we achieved our highest-ever revenue and profits, reflecting our commitment to meticulous execution, financial discipline, and a strong order pipeline. Our expansion into new growth areas will drive sustainable long-term growth."

Strategic Outlook & Industry Trends​

• Growing demand for power infrastructure and electrification projects in India.
• Increased investments in underground cabling & high-voltage power transmission.
• Strong traction in export markets, with enhanced capabilities in value-added cables.

With record revenue, order growth, and financial discipline, Dynamic Cables is well-positioned for continued market leadership in power infrastructure solutions.