Universal Cable limited (UCL) belonging to M.P Birla group of Companies reported its first quarter (Q1 FY 20) results.
Consolidate Financial Performance: Q1 FY 20 v/s Q1 FY 19
Net Sales increased by 35.36 % amounting to Rs.426.39 crore from Rs. 315.01 crore. Although, quarterly Net Profit increased marginally by 7.08% amounting to Rs. 18.66 crore from Rs. 17.43 crore. EBITDA also increased by 10.03 % amounting to Rs. 50.69 crore from Rs. 46.07 crore.
About the Company: UCL was established in 1962. It is among the leading Indian manufacturers of Electrical Cables: extra-high voltage, medium voltage, control and instrumentation cables. It also manufactures Power Capacitors in low tension/low voltage & high tension/high voltage range. The company also has an EPC division to execute the turnkey contract.