Delton Cables Ltd Share Price – BSE

Cables, Small Cap

The aforementioned domestic contract has to be executed over a period of 2 years.

The value of the said contract is nearly 50.2% of Delton’s market capitalization, which currently stands at Rs 354.24 crore.

Delton Cables is engaged in the manufacturing of wires and cables, power cables, radio high frequency cables & PVC compound. It is also into the manufacturing of switch gears. It sells products under its own brand name - 'DELTON’.

The company had reported a net profit of Rs 6.31 crore in the quarter ended March 2024 as against net loss of Rs 4.33 crore during the previous quarter ended March 2023. Sales rose 63.70% to Rs 131.78 crore in Q4 FY24 as compared with Q4 FY23.

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Delton Cables has received an order of Rs 177.83 crore from top EPC companies under Revamped Distribution Sector Scheme (RDSS Scheme) for supply of power cables.

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Net profit of Delton Cables reported to Rs 6.31 crore in the quarter ended March 2024 as against net loss of Rs 4.33 crore during the previous quarter ended March 2023. Sales rose 63.70% to Rs 131.78 crore in the quarter ended March 2024 as against Rs 80.50 crore during the previous quarter ended March 2023.

For the full year,net profit rose 2427.59% to Rs 14.66 crore in the year ended March 2024 as against Rs 0.58 crore during the previous year ended March 2023. Sales rose 47.29% to Rs 400.86 crore in the year ended March 2024 as against Rs 272.15 crore during the previous year ended March 2023.

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Delton Cables will hold a meeting of the Board of Directors of the Company on 15 May 2024

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