Finolex Cables Approves Q1 FY26 Results; Reports 44% Revenue Growth Amid Operational Challenges

Finolex Cables Approves Q1 FY26 Results; Reports 44% Revenue Growth Amid Operational Challenges​

Finolex Cables Ltd (FCL) reported its unaudited standalone financial results for the first quarter of the financial year ended June 30, 2026. The Board of Directors approved the quarterly performance, which showed a significant increase in revenue and profit compared to the same period in the previous fiscal year.

The company's revenue from operations stood at Rs. 2,013.15 Cr for the quarter ended June 30, 2026, up from Rs. 1,395.52 Cr in the comparable quarter of FY2025-26, representing a 44% growth in value terms. Profit after tax (PAT) was reported at Rs. 221.28 Cr, an improvement of 59%, compared to Rs. 138.82 Cr in the previous year.

Finolex Cables is India’s largest manufacturer of Electrical and Communication cables. The company continues to execute its expansion strategy, with plans for the Fiber Draw Facility being on track. Full capacity from the new plant, estimated at 4 million fiber kilometers, is expected to come online by Q3 of the current fiscal year.

Operational Updates and Segment Performance​

The results reflected specific operational constraints during the quarter. Due to limited availability of fuel (LPG/PNG) linked to international events, the Copper Rod plant was not operated during the period. The limited fuel supply also impacted volumes across several new product categories.

Finolex Cables continues to offer a wide range of products, which are utilized in applications such as industrial, automotive, and solar sectors.

The company’s segment results for Q1 FY2026 included:

Governance and Personnel Appointments​

During the Board meeting held on August 11, 2026, several key appointments and re-appointments were ratified, including:

• Independent Directors (Re-appointment): Mrs. Vanessa Singh, Mr. Zubin Billimoria, and Mr. Sriraman Raghuraman were all re-appointed as Independent Directors for a second term of five consecutive years, subject to shareholder approval.
• Whole-time Director (Re-appointment): Mr. Ratnakar Barve was re-appointed as a Whole-time Director for the second term of five consecutive years.
• Key Managerial Personnel: Mr. Nirnoy Sur was appointed as Company Secretary, Compliance Officer, and General Manager - Legal of the company, effective August 11, 2026.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors during the meeting held on August 11, 2026.

FINCABLES Stock Price Movement​

Today, Finolex Cables Limited saw its stock rally strongly, completing the session at ₹1175.55 after surging by 11.11%. The company generated robust trading activity, with over 2.21 million shares accounted for in the market today.