Latest news with #UshaMartin
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Business Standard
12-05-2025
- Business
- Business Standard
Usha Martin Q4 results: Profit dips 5% to ₹100.91 cr on higher expenses
Wire ropes maker Usha Martin has posted a 5 per cent fall in consolidated net profit to Rs 100.91 crore in the March 2025 quarter, impacted by higher expenses. It had reported Rs 106.33 crore net profit in the January-March period of the preceding 2023-24 fiscal, the company said. The company's total income, however, rose to Rs 919.73 crore from Rs 838.52 crore in the fourth quarter of the preceding financial year. Expenses surged to Rs 790.81 crore from Rs 706.71 crore a year ago. For the entire FY25, the net profit also fell to Rs 406.32 crore from Rs 424.12 crore in FY24. The board has also recommended a dividend of Rs 3 per equity share of Re 1 for the financial year ended March 31, 2025. It further approved the appointment of Chirantan Chatterjee as Whole-Time Director of the company for a term of 5 years, effective from May 12, 2025.
Business Standard
12-05-2025
- Business
- Business Standard
Usha Martin consolidated net profit declines 4.96% in the March 2025 quarter
Sales rise 8.09% to Rs 896.08 crore Net profit of Usha Martin declined 4.96% to Rs 100.99 crore in the quarter ended March 2025 as against Rs 106.26 crore during the previous quarter ended March 2024. Sales rose 8.09% to Rs 896.08 crore in the quarter ended March 2025 as against Rs 829.03 crore during the previous quarter ended March 2024. For the full year,net profit declined 3.91% to Rs 407.39 crore in the year ended March 2025 as against Rs 423.96 crore during the previous year ended March 2024. Sales rose 7.72% to Rs 3474.16 crore in the year ended March 2025 as against Rs 3225.20 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 896.08829.03 8 3474.163225.20 8 OPM % 15.5818.28 - 17.1918.56 - PBDT 160.88158.88 1 624.71626.51 0 PBT 133.12136.35 -2 526.85549.51 -4 NP 100.99106.26 -5 407.39423.96 -4
