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Usha Martin Q4 results: Profit dips 5% to ₹100.91 cr on higher expenses

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Usha Martin Q4 results: Profit dips 5% to ₹100.91 cr on higher expenses - Business Standard

Quick Summary:

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.

The board has also recommended a dividend of Rs 3 per equity share of Re 1 for the financial year ended March 31, 2025.


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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 18:52:55 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 301 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28613632

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