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Usha Martin

By Gurleen Bajwa , 13 May 2025
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Usha Martin Faces Earnings Pressure Amid Rising Costs, Maintains Growth Outlook

Usha Martin, a leading manufacturer of wire ropes, reported a decline in net profit for the fourth quarter of FY25, despite healthy revenue growth. The company's consolidated net profit fell 5% year-on-year to Rs. 100.91 crore due to elevated operating expenses. Total income rose to Rs. 919.73 crore, underscoring solid top-line performance, but cost inflation squeezed margins. For the full fiscal year, profit declined to Rs. 406.32 crore. The board recommended a dividend of Rs.

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