Delton Cables Reports Strong Sales Growth Amid Rising Interest Costs in December 2024 Results

Delton Cables has recently reported its financial results for the quarter ending December 2024, showcasing a range of performance metrics that highlight both strengths and challenges within the company. The net sales reached Rs 188.64 crore, marking a significant growth of 34.8% compared to the average of the previous four quarters. This figure represents the highest quarterly sales recorded in the last five quarters, indicating a robust near-term sales trend.
In terms of profitability, Delton Cables achieved an operating profit of Rs 11.39 crore and a profit after tax of Rs 3.36 crore, both of which are the highest figures seen in the last five quarters. The profit after tax also reflects a growth of 28.8% over the average of the previous four quarters, suggesting a positive trajectory in profitability.

However, the company is facing rising interest costs, with interest expenses reported at Rs 12.99 crore, which has increased by 25.63% compared to the previous half-yearly period. This rise in interest expenses indicates a potential concern regarding increased borrowings.

Overall, Delton Cables has experienced evaluation changes in its financial score, reflecting the mixed performance across various metrics.

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