Ultracab India’s Q2 FY-25 Revenue up 78%, PAT Grows 64% YoY

Ultracab India Limited [BOM: 538706], an Indian manufacturer of wires and cables, has announced its financial results for Q2 of FY-25.

Ultracab India’s revenue from operations jumped by 77.87% to Rs. 55.55 crore during Q2 of FY-25 from Rs. 31.23 crore earned for Q2 of FY-24. The company’s Profit After Tax (PAT) also increased by 64.05% to Rs. 2.51 crore during Q2 of FY-25 from Rs. 1.53 crore during Q2 of FY-24.

Correspondingly, Ultracab’s Earning Per Share (EPS) also increased to Rs. 0.26 during Q2 of FY-25 against Rs. 0.16 during Q2 of FY-24.

On a Quarter-over-Quarter (QoQ) basis, Ultracab’s Q2 FY25 revenue increased by 3.46% from Rs. 53.69 crore earned during Q1 of FY-25. PAT of the company also showed a healthy increase of 17.84% QoQ in Q2 of FY-25 from Rs. 2.13 crore during Q1 of FY-25.

In its FY-24 annual report, Ultracab mentioned that the company plans to expand its product range and operations globally. Ultracab has identified Africa and Southeast Asia as potential markets to expand in.