Finolex Cables Q1 FY 2026-27 Results: Profit Climbs 53%; Stock Ends 14% Higher
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Finolex Cables reported a 53% YoY rise in Q1 FY27 net profit to ₹249 crore, while revenue increased 44.3% to ₹2,013.2 crore. The shares jumped around 14% during trading on 11 August 2026. Read more.
Finolex Cables reported its June quarter results on 11 August 2026, with net profit rising 53% year-on-year to ₹249 crore. The company saw demand across multiple business segments during the quarter. However, some supply-side challenges continued to affect operations.
Alongside the results, the company’s board approved the re-appointment of four directors for a second five-year term, subject to shareholder approval. These include three independent directors, Vanessa Singh, Zubin Billimoria and Sriraman Raghuraman, along with whole-time director Ratnakar Barve.
Finolex Cables Q1 Results 2026
The Finolex Q1 FY 2026-27 results showed growth across the company’s key financial metrics:
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Revenue: ₹2,013.2 crore, up 44.3% year-on-year (YoY)
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Earnings before interest, taxes, depreciation, and amortisation (EBITDA): ₹244.2 crore, up 79% YoY
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EBITDA margin: 12.13%, compared with 9.77% in Q1 FY26, up 236 basis points YoY
Finolex Cables’ electrical wires volumes increased 7%. This was supported by demand from agricultural, industrial and solar applications. In communication cables, optic fibre cable volumes were significantly higher than a year earlier.
What Supported The Quarterly Performance?
The copper rod plant was not operational because of limited availability of LPG and PNG amid the war in the Middle East.
The resulting fuel constraints also affected volumes in new product categories. Finolex Cables raised selling prices in May 2026 as copper prices remained high.
Finolex’s fibre draw facility expansion is also progressing. The new plant has a capacity of 4 million fibre kilometres, with full capacity expected to come on stream by the third quarter of the current fiscal year.
How Did Finolex Cables Share Price React?
Finolex Cables shares touched an intraday high of ₹1,224.50 and a low of ₹1,052.65 on the National Stock Exchange (NSE) during trading on 11 August 2026. The stock closed at ₹1,207.85, up 14.16%.
The Finolex Q1 Results 2026-27 announcement came alongside the sharp share-price movement. The company’s market capitalisation stood at around ₹18,500 crore following the sharp rise in its share price.
Also Read - NBCC Q1 FY 2026-27 Results
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Vishwa is a content and SEO strategist with 10+ years of experience across fintech and FMCG. She has a knack for connecting dots others miss, spotting trends early, and finding angles on topics most miss to question.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide.
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