Jaipur, India – January 28, 2025: Dynamic Cables Limited (NSE: DYCL, BSE: 540795), a leading manufacturer of power cables, transmission lines, and conductor solutions, has announced robust financial results for Q3 FY2024-25. Revenue increased 30.7% year over year (YoY). The company also confirmed a capacity expansion initiative that will boost annual revenue capacity to ₹1,100-1,150 crore.
Key Financial Highlights – Q3 FY2024-25 (Standalone)
- Revenue from Operations: ₹25,150.19 lakh (YoY growth of 30.7% from ₹19,231.91 lakh)
- Total Income: ₹25,357.96 lakh
- Profit Before Tax (PBT): ₹2,103.56 lakh (YoY increase of 104.7% from ₹1,027.86 lakh)
- Net Profit (PAT): ₹1,580.28 lakh (YoY growth of 110.0% from ₹752.36 lakh)
- Earnings Per Share (EPS): ₹6.52 per share (YoY increase from ₹3.42 per share).
Nine-Month Performance (April – December 2024)
- Total Revenue: ₹69,419.47 lakh (YoY increase of 31.7% from ₹52,709.78 lakh)
- Profit Before Tax (PBT): ₹5,499.98 lakh (YoY increase of 69.4% from ₹3,246.20 lakh)
- Net Profit (PAT): ₹4,125.59 lakh
- Earnings Per Share (EPS): ₹17.50 per share.
Strategic Developments & Key Announcements
- Capacity Expansion Through Debottlenecking Initiatives:
- Production capacity to increase by up to 15%.
- Annual revenue potential raised to ₹1,100-1,150 crore, up from ₹950-1,000 crore.
- Trading Window Reopening:
- The trading window for insiders is to reopen on January 31, 2025, as per SEBI (Prohibition of Insider Trading) Regulations.
Management Commentary
Ashish Mangal, Managing Director, Dynamic Cables Limited, stated:"Our strong revenue and profitability growth underscore our operational efficiencies and expanding market demand. With the new capacity expansion, we are poised to scale further and enhance our industry leadership.".
Market Outlook & Investor Takeaways
- Strong demand for power transmission infrastructure is expected to fuel further growth.
- Capacity expansion to drive higher revenue potential in FY2025-26.
- Steady margin improvements and cost efficiencies reinforce financial stability.