Finolex Cables' Q1 FY 2026-27 Quarterly Results

Result Summary

• Finolex Cables Ltd reported a 4.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 42.4%.
• Its expenses for the quarter were up by 0.2% QoQ and 40.7% YoY.
• The net profit increased 11.0% QoQ and increased 53.1% YoY.
• The earnings per share (EPS) of Finolex Cables Ltd stood at 16.28 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Finolex Cables Ltd is a prominent player in the electrical and communication cables industry in India. The company is known for its extensive range of cables and wires, including electrical cables, power cables, and telecommunication cables, which cater to a diverse set of industries. Established as one of the leading manufacturers in its segment, Finolex Cables has a strong presence in both the domestic and international markets. The company has consistently focused on innovation and quality, ensuring that its products meet the highest standards. While specific recent major developments are not available, Finolex Cables is generally known for its strategic expansions and product diversification to align with market needs.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), Finolex Cables Ltd reported a total income of ₹2064.64 crores. This reflects a quarter-over-quarter (QoQ) increase of 4.1% from the ₹1983.76 crores reported in Q4FY26. Moreover, there was a significant year-over-year (YoY) increase of 42.4% from the ₹1449.64 crores reported in Q1FY26. This substantial growth in total income suggests a strong revenue performance over both the quarterly and yearly periods. The company's ability to increase its total income consistently indicates a robust demand for its products and services.

Profitability

For Q1FY27, Finolex Cables Ltd recorded a Profit Before Tax (PBT) of ₹273.66 crores, which marks a substantial QoQ growth of 39.6% from ₹196.02 crores in Q4FY26. The YoY growth was even more pronounced at 55.2% compared to ₹176.37 crores in Q1FY26. The company also reported a Profit After Tax (PAT) of ₹249.04 crores for Q1FY27, translating to an 11.0% increase QoQ from ₹224.43 crores in Q4FY26, and a 53.1% rise YoY from ₹162.62 crores in Q1FY26. Earnings per Share (EPS) mirrored this growth pattern, with an 11.0% QoQ increase to ₹16.28 from ₹14.67, and a 53.2% YoY increase from ₹10.63. The company's effective tax management is reflected in the tax expense reduction of 17.1% QoQ, despite a 63.8% increase YoY, which aligns with the profit growth.

Operating Metrics

Finolex Cables Ltd's total expenses for Q1FY27 were ₹1790.98 crores, slightly up by 0.2% from ₹1787.74 crores in Q4FY26, and up by 40.7% YoY from ₹1273.27 crores in Q1FY26. The modest QoQ increase in expenses compared to the substantial growth in total income indicates effective cost management during the quarter. This efficient handling of expenses, along with the surge in income, contributed to the improved profitability metrics. The company's operational efficiency is further highlighted by the significant YoY growth in both total income and profit metrics, indicating a well-managed balance between revenue generation and expense control.