Delton Cables News

Delton Cables Q3FY26 Net Profit Rises 21.56% YoY

Delton Cables Limited reported net profit of ₹408.87 lakhs for Q3FY26, up 21.56% YoY. Revenue from operations grew 42.30% to ₹26,839.78 lakhs with exceptional income of ₹51.81 lakhs from insurance claim settlement.

Delton Cables Wins Appeal Against Central Excise Duty Demand at CESTAT Chandigarh

Delton Cables Limited successfully won an appeal at CESTAT Chandigarh against the Commissioner Central Excise and Sales Tax. The tribunal decided in favor of the company on August 7, 2025, setting aside a show cause notice from December 18, 2013, that demanded central excise duty of Rs. 4,97,113 along with interest and penalty. The case involved the classification of waste and scrap generated during the manufacture of insulated wires and cables. The tribunal ruled that the company is not required to reverse 10% of the value of exempted goods or pay duty on waste and scrap cleared by the appellant, following precedent from the company's own earlier cases. The tribunal determined that the waste generated during manufacturing is not considered manufactured goods under Section 2(d) of the Central Excise Act, 1944.