Finolex Cables Reports Q2 FY26 Results, Profit Jumps 28%

Finolex Cables announced its Q2 FY26 results, reporting a 28% increase in profit after tax to ₹186.9 Cr compared to ₹146.1 Cr in the previous year. Revenue for the quarter stood at ₹1375.8 Cr. The company’s Board of Directors approved these results in a meeting held on November 11, 2025.

Financial Performance

Finolex Cables (FCL) reported its financial results for the second quarter of the financial year 2025-26 (Q2 FY26). Revenues for the quarter ending September 2025 reached ₹1375.8 Cr, a 5% increase from ₹1311.7 Cr in the corresponding period of FY25. Profit for the quarter after taxes increased to ₹186.9 Cr compared to ₹146.1 Cr, representing a 28% improvement.

Segmental Performance

In volume terms, the demand for Electrical Wires remained relatively stable, while Power Cables experienced a growth of approximately 40%. Meanwhile, the Communication Cables segment experienced muted growth across all product categories. The company says growth in newer product categories contributed to the segment’s overall turnover. Appropriate pricing actions taken in September focused on ensuring stability in margins and a quick pass-through of metal price volatility. Segment EBIT improved to 10.9% for the quarter.

Half-Yearly Performance

Revenues for the half-year ending September 2025 reached ₹2771.3 Cr, reflecting a 9% growth compared to ₹2542.2 Cr for the corresponding period. Similar to the quarter, volumes for Electrical Wires remained flat, while Power Cables experienced significant growth, climbing over 60%.

Operational Updates

The company anticipates the completion of production trials at the Preform Facility by the end of the current calendar year, with commissioning expected to follow soon thereafter.

Key Financial Metrics (Consolidated)

  • Total Income from Operations: ₹1413.25 Cr
  • Net Profit before Tax: ₹206.20 Cr
  • Net Profit after Tax: ₹162.64 Cr
  • Total Comprehensive Income: ₹155.47 Cr

Source: BSE

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