Finolex Cables reports 59% profit rise in Q1FY27
pre-market1 source ↓written by the desknot a recommendation
- YoY for Q1FY27
- 59%
- profit also rose
- 53%
- ₹249.04 crore
- increase in revenue
- 44%
- in revenue
- ₹2,013.15 crore
Finolex Cables reported a standalone net profit of ₹221.28 crore, up 59% YoY for Q1FY27. Consolidated profit also rose 53% to ₹249.04 crore, driven by a 44% increase in revenue to ₹2,013.15 crore. Strong demand in electrical cables across sectors like agriculture and solar contributed to this growth. 📈
The company’s ability to pass on higher raw material costs helped expand margins, signaling robust operational efficiency.
Not investment advice. For informational purposes only.