Birla Cable Q1 Results: Net profit jumps 21.8x YoY to ₹30.69 crore
Birla Cable Limited delivered strong Q1FY27 results with standalone net profit soaring 21.8x YoY to ₹30.69 crore, fueled by a 51% revenue jump to ₹266.64 crore. Margins expanded significantly as expense growth lagged revenue growth. The company also announced a Scheme of Amalgamation with Vindhya Telelinks, effective April 1, 2026, subject to regulatory approvals.

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Birla Cable Limited reported a standalone net profit of ₹30.69 crore for the quarter ended June 30, 2026 (Q1FY27), marking a 21.8-fold increase from the ₹13.45 lakh profit recorded in Q1FY26. This significant turnaround was driven by a 51.1% year-on-year surge in revenue from operations, which reached ₹266.64 crore compared to ₹176.44 crore in the prior year period. Consolidated net profit stood at ₹30.70 crore, up from ₹13.62 lakh in Q1FY26, while consolidated revenue mirrored the standalone figure at ₹266.64 crore.
The Board of Directors approved the unaudited financial results on August 2, 2026, pursuant to Regulation 33 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the Statutory Auditors, V. Sankar Aiyar & Co. The filing covers both standalone and consolidated figures for the quarter and the corresponding year-to-date period.
Financial Performance Highlights
Revenue growth was the primary driver of profitability, with operating income expanding sharply against a backdrop of controlled cost inflation. While cost of raw materials consumed rose to ₹198.19 crore from ₹150.69 crore in Q1FY26, it remained well below revenue growth rates, preserving margins. Employee benefits expense decreased slightly to ₹85.04 lakh from ₹87.91 lakh, and finance costs fell to ₹20.50 lakh from ₹23.23 lakh, further supporting the bottom line.
| Metric | Q1FY27 Standalone (₹ in lakhs) | Q1FY26 Standalone (₹ in lakhs) | YoY Change |
|---|---|---|---|
| Revenue from Operations | 26,663.67 | 17,643.76 | +51.1% |
| Total Income | 26,724.37 | 17,698.39 | +50.9% |
| Total Expenses | 22,616.45 | 17,514.36 | +29.1% |
| Profit Before Tax | 4,107.92 | 184.03 | +2,132.2% |
| Net Profit After Tax | 3,068.58 | 134.49 | +2,174.0% |
| EPS (₹) | 10.23 | 0.45 | +2,173.3% |
Basic and diluted earnings per share (EPS) jumped to ₹10.23 from ₹0.45 in the previous year. For the full fiscal year FY26, the company had reported a standalone net profit of ₹16.87 crore on revenue of ₹771.11 crore.
Amalgamation Scheme with Vindhya Telelinks
A material corporate development disclosed in the filing is the approval of a Scheme of Amalgamation between Birla Cable Limited (Transferor Company) and Vindhya Telelinks Limited (Transferee Company). The Board approved the scheme on March 21, 2026, with an appointed date of April 1, 2026. Upon effectiveness, Birla Cable will be dissolved, and shareholders will receive 10 equity shares of Vindhya Telelinks for every 115 equity shares held in Birla Cable. The scheme is subject to approvals from the National Company Law Tribunal and stock exchanges.
What the Numbers Show
The most striking aspect of Q1FY27 results is the divergence between revenue growth and expense growth. Revenue expanded by over 51%, while total expenses grew by only 29.1%. This operational leverage resulted in Profit Before Tax increasing more than 21 times year-on-year. The company’s ability to pass on input cost increases or benefit from volume efficiencies appears to have significantly improved margin dynamics. Additionally, Other Comprehensive Income (OCI) contributed ₹40.70 crore to total comprehensive income, primarily driven by items not reclassified to profit or loss, indicating potential unrealized gains in financial assets or revaluation reserves that bolstered overall equity value despite not impacting current PAT.
The statutory auditors, V. Sankar Aiyar & Co., confirmed that the statements comply with Ind AS 34 and SEBI Listing Regulations. The consolidated results include the wholly-owned subsidiary Birla Cable Infrasolutions DMCC, whose unaudited interim financials were certified by management as immaterial to the group.
Historical Stock Returns for Birla Cable
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | +3.27% | +0.84% | +50.41% | +19.47% | +91.46% |
How will the upcoming amalgamation with Vindhya Telelinks impact Birla Cable's future revenue streams and market positioning in the telecom infrastructure sector?
Can the company sustain the current operational leverage and margin expansion if raw material costs continue to rise or if competitive pricing pressures intensify?
What is the expected timeline for receiving final approvals from the National Company Law Tribunal and stock exchanges for the amalgamation scheme?


































