COMPANY QUOTE

details
Share Market News
The Sales for the quarter ended June 2019 of Rs. 4263.95 millions rose by 35.06% from Rs. 3157.09 millions.Profit saw a slight increase of 7.08%to Rs. 186.60 millions from Rs. 174.26 millions.Operating profit for the quarter ended June 2019 rose to 506.88 millions as compared to 460.64 millions of corresponding quarter ended June 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 4263.95 3157.09 35.06 4263.95 3157.09 35.06 14165.49 12073.28 17.33 Other Income 34.19 33.03 3.51 34.19 33.03 3.51 119.96 110.60 8.46 PBIDT 506.88 460.64 10.04 506.88 460.64 10.04 1866.58 1179.73 58.22 Interest 169.95 154.04 10.33 169.95 154.04 10.33 620.55 534.33 16.14 PBDT 336.93 306.60 9.89 336.93 306.60 9.89 1246.03 645.40 93.06 Depreciation 53.97 48.56 11.14 53.97 48.56 11.14 213.83 209.02 2.30 PBT 282.96 258.04 9.66 282.96 258.04 9.66 1032.20 436.38 136.54 TAX 96.36 83.78 15.02 96.36 83.78 15.02 342.22 16.93 1921.38 Deferred Tax 20.57 28.67 -28.25 20.57 28.67 -28.25 123.18 -40.59 -403.47 PAT 186.60 174.26 7.08 186.60 174.26 7.08 689.98 419.45 64.50 Equity 346.98 346.98 0.00 346.98 346.98 0.00 346.98 346.98 0.00 PBIDTM(%) 11.89 14.59 -18.53 11.89 14.59 -18.53 13.18 9.77 34.85
The revenue zoomed 12.94% to Rs. 3150.09 millions for the quarter ended June 2018 as compared to Rs. 2789.25 millions during the corresponding quarter last year.Net Profit for the quarter ended June 2018 zoomed to 141.42% from Rs. 72.18 millions to Rs. 174.26 millions.OP of the company witnessed a marginal growth to 460.64 millions from 260.88 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 3150.09 2789.25 12.94 3150.09 2789.25 12.94 12091.22 8980.46 34.64 Other Income 33.02 22.16 49.01 33.02 22.16 49.01 110.60 107.41 2.97 PBIDT 460.64 260.88 76.57 460.64 260.88 76.57 1179.71 860.92 37.03 Interest 154.04 121.46 26.82 154.04 121.46 26.82 534.33 439.71 21.52 PBDT 306.60 139.42 119.91 306.60 139.42 119.91 645.38 421.21 53.22 Depreciation 48.56 50.69 -4.20 48.56 50.69 -4.20 209.02 188.92 10.64 PBT 258.04 88.73 190.81 258.04 88.73 190.81 436.38 232.29 87.86 TAX 83.78 16.55 406.22 83.78 16.55 406.22 16.93 -58.77 -128.81 Deferred Tax 28.67 0.00 0.00 28.67 0.00 0.00 -40.59 0.00 0.00 PAT 174.26 72.18 141.42 174.26 72.18 141.42 419.45 291.07 44.11 Equity 346.98 346.98 0.00 346.98 346.98 0.00 346.98 346.98 0.00 PBIDTM(%) 14.62 9.35 56.35 14.62 9.35 56.34 9.76 9.59 1.78
The Sales for the quarter ended June 2017 of Rs. 2789.25 millions rose by 40.86% from Rs. 1980.15 millions.The Net Profit of the company registered a slight decline of -6.74% to Rs. 72.18 millions from Rs. 77.40 millions.Operating profit for the quarter ended June 2017 rose to 260.88 millions as compared to 238.62 millions of corresponding quarter ended June 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 2789.25 1980.15 40.86 2789.25 1980.15 40.86 8980.46 8294.97 8.26 Other Income 22.16 23.04 -3.82 22.16 23.04 -3.82 113.02 115.62 -2.25 PBIDT 260.88 238.62 9.33 260.88 238.62 9.33 856.53 861.85 -0.62 Interest 121.46 121.69 -0.19 121.46 121.69 -0.19 442.52 511.75 -13.53 PBDT 139.42 116.93 19.23 139.42 116.93 19.23 414.01 350.10 18.25 Depreciation 50.69 44.78 13.20 50.69 44.78 13.20 188.92 176.52 7.02 PBT 88.73 72.15 22.98 88.73 72.15 22.98 225.09 173.58 29.68 TAX 16.55 -5.25 -415.24 16.55 -5.25 -415.24 -58.77 -21.92 168.11 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 72.18 77.40 -6.74 72.18 77.40 -6.74 283.87 195.50 45.20 Equity 346.98 346.98 0.00 346.98 346.98 0.00 346.98 347.00 -0.01 PBIDTM(%) 9.35 12.05 -22.39 9.35 12.05 -22.38 9.54 10.39 -8.20
Universal Cables has informed that a Meeting of the Board of Directors of the Company will be held on February 09, 2017, to consider and approve the unaudited standalone financial results of the Company for the quarter ended December 31, 2016. Further, as per Company’s Code of Internal Procedures and Conduct for regulating, monitoring and reporting of trading by Insiders (‘the Code’) framed pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the equity shares of the Company shall remain closed for all the designated persons, promoters and connected persons covered under the said Code of the Company from February 01, 2017 to February 11, 2017.The above information is a part of company’s filings submitted to BSE.
Universal Cables has informed that the Credit Analysis & Research Limited (CARE) has revised/reaffirmed the credit rating for Bank facilities of the Company.The above information is a part of company’s filings submitted to BSE.
Universal Cables has informed that a Meeting of the Board of Directors of the Company will be held on May 18, 2016, to consider and approve the audited Financial Results of the Company for the quarter / year ended March 31, 2016. Further, as per Company’s Code of Internal Procedures and Conduct for regulating, monitoring and reporting of trading by Insiders (‘the Code’) framed pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the equity shares of the Company shall remain closed for all the Designated Persons, Promoters and Connected Persons covered under the said Code of the Company from May 10, 2016 to May 20, 2016.The above information is a part of company’s filings submitted to BSE.
Universal Cables has informed that the Board of Directors of the Company at its meeting held on February 09, 2016, has appointed Sanjay Aggarwal as Chief Financial Officer of the Company with immediate effect.The above information is a part of company’s filings submitted to BSE.
Universal Cables has informed that in accordance with the terms of Letter of Offer dated September 14, 2015, the Rights Issue Committee of the Board of Directors of the Company at its Meeting held on October 20, 2015, after the receipt of approval on the Summary Basis of Allotment from BSE Limited (the Designated Stock Exchange for the purpose), has approved allotment of 1,15,65,127 Equity Shares of Face Value of Rs 10 each at an issue price of Rs 51 per equity share (including premium of Rs.41 per share) to the shareholders and renounces on Rights basis. The said allotment is fully in accordance with the Summary Basis of Allotment approved by the BSE Ltd for the Rights issue on October 20, 2015.The above information is a part of company’s filings submitted to BSE.
Universal Cables has informed about outcome of rights issue committee meeting held on September 14, 2015.The above information is a part of company’s filings submitted to BSE.
Universal Cables has informed that a Meeting of Rights Issue Committee of the Board of Directors of the Company is scheduled to be held on September 07, 2015, to consider and approve the terms of the proposed Rights Issue, the issue price, entitlement ratio, record date, etc. In view of the above, as per Company's Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Insiders framed pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the Equity Shares of the Company shall remain closed for all Designated Persons, Promoters and Connected Persons covered under the said Code of the Company from September 03, 2015 to September 09, 2015.The above information is a part of company’s filings submitted to BSE.
Universal Cables has informed about the details of Voting results at the 70th Annual General Meeting (AGM) of the Company held on July 24, 2015, under Clause 35A.The above information is a part of company’s filings submitted to BSE.
Universal Cables has informed that the members of the company will consider to approve the resolutions, by way of Postal Ballot.The above information is a part of the company’s filings submitted to BSE.