Cords Cable Industries Reports Financial Results for FY 2026; Recommends Dividend
Cords Cable Industries Limited announced key outcomes from its Board meeting held on May 28, 2026, including the approval of audited standalone financial results for the quarter and financial year ended March 31, 2026. The company also recommended a final dividend and approved the re-appointment of its internal and cost auditors for the financial year 2026-27.The company's audited financial results for the year ended March 31, 2026, and the preceding year, show a total income of 95,887.80 Rs lakhs for the full financial year 2025-26. Total expenses for the same period were 93,117.31 Rs lakhs, leading to a profit before tax of 2,770.49 Rs lakhs. The reported profit for continuing operations stood at 2,064.33 Rs lakhs.
The audited standalone financial results for the quarter ended March 31, 2026, reflected a total income of 26,971.01 Rs lakhs, while total expenses were 25,865.81 Rs lakhs, resulting in a profit for the period from continuing operations of 828.11 Rs lakhs.
Financial Highlights for FY 2025-26
The core financial performance data for the standalone results for the year ended March 31, 2026, and March 31, 2025, is presented below (Amount in Rs Lakhs):| Particulars | Quarter Ended 31-03-2026 | Year Ended 31-03-2026 | Quarter Ended 31-03-2025 | Year Ended 31-03-2025 |
|---|---|---|---|---|
| Revenue from Operations | 26,689.68 | 95,389.98 | 23,324.47 | 79,456.29 |
| Total Income (I+II) | 26,971.01 | 95,887.80 | 23,398.33 | 79,848.94 |
| Total Expenses | 25,865.81 | 93,117.31 | 22,803.23 | 77,884.72 |
| Profit/Loss before Tax | 1,105.20 | 2,770.49 | 595.10 | 1,964.22 |
| Profit from Continuing Operations | 828.11 | 2,064.33 | 448.98 | 1,466.99 |
Dividend Recommendation
The Board of Directors recommended a final dividend of Rs. 1.20 per equity share for the financial year 2025-26. This amount represents 12% of the face value of the equity share (Rs. 10/- each). This dividend remains subject to the approval of the members at the ensuing Annual General Meeting (AGM).Audit Appointments
The Board also approved two re-appointments, based on the recommendation of the Audit Committee. M/s Agarwal Nikhil & Co., Chartered Accountants, was approved for re-appointment as the Internal Auditor for the financial year 2026-27. Additionally, M/s S Chander & Associates, Cost Accountants, was approved for re-appointment as the Cost Auditor for the financial year 2026-27. The remuneration for both appointments is subject to shareholder ratification at the subsequent General Meeting.Auditor's Opinion
M/s Alok Misra & Co., Chartered Accountants, the Statutory Auditors, issued an audit report stating that the standalone financial results for the quarter and year ended March 31, 2026, give a true and fair view in conformity with applicable accounting standards generally accepted in India.CORDSCABLE Stock Price Movement
On Wednesday, Cords Cable Industries Limited shares rallied by 5.86% to close at ₹243.58. Trading on a volume of 676,662 shares, the stock notably achieved its 52-week high of ₹255.87 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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