Finolex Cables Limited announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended December 31, 2025. Standalone revenues grew by an impressive 35% to Rs. 1,598.62 Crore compared to the prior year quarter. Profit After Tax (PAT) saw an improvement of 10%. The company also noted an additional provision of Rs. 6.01 Crore related to the newly implemented Labour Code impacting employee benefits.
Q3 FY2025-26 Financial Performance Overview
Finolex Cables Ltd. (FCL) announced the results of its Board meeting held on February 10, 2026, revealing robust performance for the third quarter ending December 31, 2025. The results reflect strong momentum across core business segments despite rising metal prices.
Standalone Highlights (Quarter Ended Dec 31, 2025)
- Total Income: Increased to Rs. 1,639.99 Crore from Rs. 1,226.85 Crore in Q3 FY24.
- Revenue from Operations: Grew by 35% year-on-year, reaching Rs. 1,598.62 Crore.
- Profit After Tax (PAT): Stood at Rs. 135.97 Crore, marking a 10% improvement over the previous year’s corresponding quarter (Rs. 123.94 Crore).
- Earnings Per Share (Basic & Diluted): Rs. 8.89 per share, up from Rs. 8.10.
Nine Months Ended December 31, 2025 Performance
For the nine-month period, the company demonstrated sustained growth:
- Revenue from Operations: Rs. 4,369.93 Crore, representing a 17% increase over the Rs. 3,724.31 Crore reported last year.
- PAT: Improved by 18% to Rs. 461.68 Crore (up from Rs. 392.54 Crore).
Operational & Segmental Review
In volume terms for the quarter, the Electrical Wires segment showed a significant 28% growth. Within the Communication Cables segment, while metal-based product volumes were lower, Optic Fiber Cable volumes grew by 34%.
Management noted that selling prices were adjusted upwards five times during the quarter, resulting in an overall price increase of approximately 12% due to rising metal prices.
Impact of New Labour Codes
In compliance with the new unified framework comprising four Labour Codes effective from November 2025, the Company has reassessed its liability for future gratuity payments. This required an additional provision of Rs. 6.01 Crore recognized as past service cost in the current quarter’s results, which is reflected in the reported PAT.
Consolidated & Associates Performance
The consolidated results also reflect positive trends:
- Consolidated Revenue from Operations for the quarter was Rs. 1,598.62 Crore.
- Consolidated PAT for the quarter stood at Rs. 164.03 Crore, with Basic and Diluted EPS at Rs. 10.73.
- The results include the Group’s share of profit after tax from its Associate (Finolex Industries Limited) and Joint Venture (Finolex J-Power Systems Limited).
Forward Look
The company is progressing on major capacity expansions. The Preform Facility (Phase 1), with a 100MT capacity, is currently undergoing production trials and is expected to be commissioned by March 2026. Similarly, Phase 1 addition to Fiber Draw capacity (2 million FKM) is also on schedule.
Source: BSE
