Delton Cables Declares Dividend Even As Q4 Profit Stays Under Pressure

Delton Cables Ltd (DLTN.BO) has released its Q4 results, reflecting steady revenue performance but relatively weak profitability, alongside a dividend announcement that signals financial stability.

Revenue Holds Steady In Q4

The company posted revenue from operations of Rs 3.2 billion for the March quarter, suggesting consistent demand across its cables and wires business segments.

Profitability Remains Subdued

Net profit from continuing operations stood at Rs 12.6 million, indicating margin pressures, possibly due to higher input costs or competitive pricing dynamics in the industry.

Dividend Boost For Investors

Delton Cables declared a dividend of Rs 2 per share, demonstrating confidence in its liquidity position and long-term financial health despite modest earnings.

Key Highlights

1. Revenue from operations at Rs 3.2 billion
2. Net profit at Rs 12.6 million
3. Dividend announced at Rs 2 per share
4. Stable revenue performance with margin pressure

Sources: BSE/NSE filing