Universal Cables surges after Q1 PAT soars 109% YoY
Mumbai, Aug. 10 -- On a consolidated basis, the company's net profit increased 108.8% YoY and 27.5% QoQ to Rs 70.14 crore in Q1 FY27.
Revenue from operations rose 57.5% YoY and 12.5% QoQ to Rs 945.06 crore during the quarter, marking the company's highest-ever Q1 turnover.
Profit before tax stood at Rs 84.84 crore in Q1 FY27, up 82.9% YoY and 11.4% QoQ.
On the cost front, total expenses increased 57.2% YoY and 10.7% QoQ to Rs 865.79 crore. Raw material consumption rose 67.2% YoY to Rs 730.08 crore. Employee expenses increased 18.7% YoY to Rs 33.70 crore. Finance costs rose 51.2% YoY to Rs 36.49 crore, while depreciation increased 42.4% YoY to Rs 12.19 crore.
On a standalone basis, Universal Cables reported revenue from operations of R...
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