Ultracab India Shows Phenomenal Growth, Q3 FY-25 Revenue at 57.24 Cr
Ultracab India Limited [BOM: 538706], a Gujarat-based manufacturer of wires and cables, has published its financial results for Q3 of FY-25.
Ultracab’s revenue from operations during Q3 of FY-25 jumped to Rs. 57.24 crore which is 2.60 times the company’s Q3 FY-24 revenue of Rs. 22.05 crore. The company’s Profit After Tax (PAT) also jumped by 64.63% to Rs. 2.70 crore during Q3 of FY-25 against Rs. 1.64 crore during Q3 of FY-24.
Ultracab’s Earnings Per Share (EPS) increased to Rs. 0.28 during Q3 FY-25 from Rs. 0.17 during Q3 of FY-24.
On Quarter-over-Quarter (QoQ) basis, the company’s revenue increased by 3.04% from Rs. 55.55 crore during Q2 of FY-25. Ultracab’s PAT also jumped by 7.57% from Rs. 2.51 crore PAT earned during second quarter of FY-25.
Inspite of the good numbers, Ultracab India’s share price slumped by 3.03% on the day of announcement of its Q3 FY-25 financials as compared to the share price on previous trading day. Further, volume of share trades of company stood at 4,30,000 trades on the day company announced its Q3 FY-25 financials against 2,06,000 trades on the previous trading day.
