Universal Cables504212Routine director change

Independent Director tenure ends; new Independent Director appointed, Q2 and H1 results approved

Kishore Kumar Mehrotra ceases to be Non-Executive Independent Director from close of 10 Nov 2026 as his 5-year term ends.

By ScoutQuest · Wed 4 Nov 2026, 10:23 PM IST · 2 min read

Standalone revenue from operations (Q2): 101856.89 lakh for the quarter
Standalone profit for the period (Q2): 3311.64 lakh for the quarter
Consolidated EPS basic and diluted (Q2): 18.40

Board changes

Shri Kishore Kumar Mehrotra, Non-Executive Independent Director, completes his term of five consecutive years from 11th November 2021 to 10th November 2026 and ceases to be a Director with effect from the close of business hours on 10th November 2026. The company states the cessation is consequent upon completion of his approved tenure as an Independent Director.
Shri Sutirtha Bhattacharya has been appointed an Additional Director in the capacity of Non-Executive Independent Director, not liable to retire by rotation, for a first term commencing 4th November 2026 and ending 3rd November 2031, subject to the approval of shareholders. The update states he fulfils the independence criteria under Section 149(6) of the Companies Act and Regulation 16(1)(b) of the SEBI Listing Regulations.

Results approved

The board approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2026. The statutory auditors, BGJC & Associates LLP, issued limited review reports on both statements; the standalone results were reviewed and recommended by the Audit Committee and approved by the Board.

Standalone (figures as printed, in rupees lakh)

Revenue from operations: 101856.89 for the quarter and 196362.83 for the half year.
Profit for the period: 3311.64 for the quarter and 7029.53 for the half year.
Basic and diluted EPS: 9.54 for the quarter.

Consolidated (figures as printed, in rupees lakh)

Profit for the period: 6385.17 for the quarter.
Basic and diluted EPS: 18.40 for the quarter.

Scope of the consolidated statement

The consolidated results include Birla Furukawa Fibre Optics Private Limited (joint venture) and Vindhya Telelinks Limited (associate). The auditor's report notes that the share of profit of the joint venture and associate is based on the reports of other auditors. It also refers to a note describing the retrospective restatement of the consolidated results following the consolidation of the company's three wholly owned subsidiaries for the period from 1 April 2021 to 31 March 2026, including a consequential adjustment to the opening balance of consolidated Other Equity as at 1 April 2025.

Business

The company reports a single primary business segment: electrical and other cables, wires, conductors and accessories, products for power quality solutions such as capacitors and capacitor banks, harmonic filters and SVGs, and turnkey projects predominantly related thereto.

What a retail investor can read from this

The statement sets out revenue, profit and per-share earnings for the quarter and half year, giving a base against which later periods can be compared.
One independent director's tenure ends on its scheduled date, and a new independent director has been appointed for a first term; that appointment is to be placed before shareholders for approval.
The board also took note of the limited review reports issued by the statutory auditors on both the standalone and consolidated results.

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