• search

Highest net profit and gross income for Universal Cable

Written by: Staff

Kolkata, May 2 (UNI) Universal Cables Limited of the MP Birla Group recorded its highest ever achievement by posting about 350 per cent jump in its net profit and 50 per cent increase in the gross total income respectively at Rs 18.84 crore and Rs 338.87 crore during the year ended March 31, 2006.

As the company announced its annual financial results, the Directors declared an interim dividend of Rs. two per share for 2005-06.

Company Chairman R S Lodha said the company was progressing as per schedule on a major technological upgradation-cum-expansion programme involving a capital outlay of approximately Rs 63 crore.

The expansion would be completed in 2006-07, he said.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more