Finolex Cables' Q2 FY 2026-27 Quarterly Results

Result Summary

• Finolex Cables Ltd reported a 11.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 62.9%.
• Its expenses for the quarter were up by 10.6% QoQ and 59.1% YoY.
• The net profit increased 9.6% QoQ and increased 67.8% YoY.
• The earnings per share (EPS) of Finolex Cables Ltd stood at 17.85 during Q2 FY 2026-27.

Financial Statments for Q2 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 manufacturer in the electrical and telecommunication cables industry in India. The company is known for its diverse range of products, which includes electrical cables, communication cables, and other related goods. Established in 1958, Finolex Cables has a strong foothold in the market, addressing the needs of both industrial and domestic sectors. Over the years, the company has expanded its portfolio to include a variety of products such as copper rods, optical fibers, and other electrical accessories. As an industry leader, Finolex Cables is recognized for its quality products and robust distribution network across the country. However, specific details about recent major developments are not available based on the provided information.

Revenue

In the second quarter of the fiscal year 2027 (Q2FY27), Finolex Cables Ltd reported a total income of ₹2302.74 crores. This represents an increase of 11.5% from the previous quarter (Q1FY27), where the total income was ₹2064.64 crores. On a year-over-year basis, comparing Q2FY27 to the second quarter of the fiscal year 2026 (Q2FY26), the total income increased significantly by 62.9% from ₹1413.25 crores. The company's revenue growth reflects a strong performance over both the quarterly and annual periods, indicating an upward trajectory in its income generation.

Profitability

The profitability of Finolex Cables Ltd has demonstrated notable growth in Q2FY27. The company reported a profit before tax (PBT) of ₹321.39 crores, marking a quarter-over-quarter increase of 17.4% from ₹273.66 crores in Q1FY27. Year-over-year, the PBT surged by 91.2% from ₹168.09 crores in Q2FY26. After accounting for tax expenses, which rose by 28.0% QoQ and 92.2% YoY, the profit after tax (PAT) for Q2FY27 stood at ₹272.92 crores. This reflects a 9.6% increase from the previous quarter's PAT of ₹249.04 crores and a 67.8% rise from ₹162.64 crores in the same quarter of the previous year. The earnings per share (EPS) in Q2FY27 was ₹17.85, showing similar growth patterns with a 9.6% increase QoQ and 67.9% YoY.

Operating Metrics

Analyzing the operating metrics, Finolex Cables Ltd's total expenses for Q2FY27 were ₹1981.35 crores, which increased by 10.6% from Q1FY27's expenses of ₹1790.98 crores. Compared to the same quarter of the previous year, the total expenses increased by 59.1% from ₹1245.16 crores in Q2FY26. Despite the rise in expenses, the company achieved a higher growth rate in income and profits, indicating effective operational management. The tax expenses for Q2FY27 were ₹83.73 crores, showing an increase both on a quarterly and yearly basis. The EPS of ₹17.85 for Q2FY27 suggests an improvement in shareholder value, aligning with the company's overall profitability and operational efficiency during the period under review.