BACK TO FUNDAMENTALS

Dynamic Cables Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2024

Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2024

1.The above financial results were reviewed by the Audit Committee and approved by the board of directors at their respective meeting held on 14th May, 2024. In compliance with Regulation 33 of the SEBI (Listing Obligation & Disclousure Requirements) Regulations, 2015, an audit of the above results has been carried out by the Statutory Auditors for which they have issued an unmodified opinion.

2.The Board of Directors has recommended Dividend of Rs. 0.50 (i.e 5%) per Equity Share of Rs. 10/- each fully paidup aggregating to Rs. 110.07 Lakhs for FY 2023-24. This will be paid after approval by members at the ensuing Annual General Meeting.

3.The financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) as notified under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended.

4.The Company's business activity fall within a single primary business segment.

5.The figures of the quarter ended March 31, 2024 and March 31, 2023 are the balacing figures between audited figures in respect of full financial year and the published year to date figures upto 3rd Quarter of the current financial year and previous financial year.

6.The above figures are available on the website of the company at www.dynamiccables.co.in and stock exchange viz. www.bseindia.com and www.nseindia.com.

7.Figures of the previous period/ year have been regrouped and reclassified to conform to the classification of current period, wherever necessary