Finolex Cables Ltd
Finolex Cables Q1FY26 Results: Revenue & Profit Up, But Challenges Persist 📊
- Revenue from operations grew to ₹1,395.52 Cr in Q1FY26 vs ₹1,230.48 Cr in Q1FY25 (+13.4% YoY)
- Profit after tax increased to ₹138.82 Cr from ₹122.51 Cr YoY (+13.3% growth)
- Total assets rose to ₹5,237.66 Cr as of June 30, 2025 from ₹4,732.04 Cr
- Wire volumes grew 16% YoY while power cable volumes doubled
- Unseasonal rains impacted agricultural segment sales
- Communication cables segment saw lower volumes due to OFC agreement delays
- Product portfolio spans cables, switchgear, water heaters, LED lighting, and fans