Finolex Cables Limited announced its financial results for the second quarter and six months ended September 30, 2026. The company reported a substantial 65% growth in revenue for the quarter, reaching ₹2269.3 crore. Profit after tax saw a significant improvement of 53%, totaling ₹286.4 crore for the quarter. This performance reflects strong demand across various segments, including automotive, industrial, and solar applications.
Finolex Cables Announces Strong Q2 FY27 Results
Finolex Cables Limited (FCL) has reported robust financial results for the second quarter of the financial year 2026-27, concluding on September 30, 2026. The company’s Board of Directors approved the financial statements, highlighting significant year-on-year growth.
Revenue and Profit Surge
For the quarter ended September 2026, revenues reached ₹2269.3 crore, a notable increase compared to ₹1375.8 crore in the corresponding period of 2025-26, representing a 65% growth in value terms. Profit for the quarter, after taxes, was ₹286.4 crore, up from ₹186.9 crore in the previous year, marking an improvement of 53%.
Segment Performance
The company attributed this growth to strong performance across its product segments. Revenue from the Electrical segment saw significant growth driven by demand in automotive, agricultural, industrial, and solar applications. The Communication Cables segment, particularly Optic Fiber Cable volumes, experienced higher growth and improved margins compared to the previous year.
Expansion Plans on Track
Finolex Cables also provided an update on its expansion plans. The company’s Fiber Draw Facility, a key expansion project, is progressing as planned. The full capacity from the new plant, which is designed for 4 million fiber kilometers, is now expected to commence operations in FY27.
Financial Highlights (Standalone)
The standalone financial results for the quarter ended September 30, 2026, show a total income from operations of ₹2,358.00 crore. Profit before tax stood at ₹374.65 crore, and profit after tax was ₹286.34 crore. Total comprehensive income was ₹282.90 crore. Earnings per share (basic and diluted) were ₹18.72.
Consolidated Financial Overview
On a consolidated basis, total income from operations for the quarter ended September 30, 2026, was ₹2,302.74 crore. Profit before tax was ₹356.65 crore, and profit after tax was ₹272.92 crore. Total comprehensive income amounted to ₹269.07 crore. Consolidated earnings per share (basic and diluted) were ₹17.85.
Source: BSE
