Cords Cable Industries Limited , a prominent player in the cable manufacturing sector, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company's performance shows a mixed picture with increased losses compared to the same period last year.

Financial Highlights

Key Observations

1. Revenue Decline: The company's revenue from operations for Q2 FY2026 stood at ₹245.70 crore, marking a decrease from ₹258.48 crore in the corresponding quarter of the previous year.

2. Widening Losses: Cords Cable Industries reported a net loss of ₹3.58 crore for the quarter, compared to a loss of ₹2.63 crore in the same quarter last year. For the half-year period, the net loss increased to ₹7.45 crore from ₹5.50 crore in the previous year.

3. Expenses: The total expenses for the quarter amounted to ₹250.52 crore, contributing to the overall loss.

4. Cash Position: As of September 30, 2025, the company's cash and cash equivalents stood at ₹0.26 crore.

Operational Update

The Board of Directors approved these results in their meeting held on November 12, 2025. Cords Cable Industries operates in a single business segment and has no subsidiary, associate, or joint venture companies.

Balance Sheet Highlights

As of September 30, 2025:

• Total Assets: ₹434.80 crore
• Total Equity: ₹189.87 crore
• Current Assets: ₹330.34 crore
• Current Liabilities: ₹210.78 crore

Financial Overview

The financial results indicate ongoing challenges in the operating environment. The increase in net loss despite a rise in half-yearly revenue suggests potential pressure on margins and operational efficiency.

The full format of the financial results is available on the websites of the stock exchanges where Cords Cable Industries' equity shares are listed (NSE and BSE) and on the company's website at www.cordscable.com .

Cords Cable Industries Limited , a prominent player in the cable manufacturing sector, has recently received a Goods and Services Tax (GST) demand order from the Additional Commissioner, CGST Alwar, Commissionerate. The order, which amounts to Rs 3.79 crore, has been issued under sections 74 of the CGST Act, 2017, and corresponding provisions of the SGST Act, 2017 and IGST Act 2017.

Details of the Demand Order

The GST demand order includes the following components:

The order cites incorrect availment of input tax credit as the reason for the demand. The tax authorities have disallowed input tax credit on purchases utilized during the financial years 2018-19 and 2019-20.

Company's Response

Cords Cable Industries has stated that there is no material impact on its financial operations or other activities due to this demand order. The company intends to file an appeal against the order with the Appellate Authorities, indicating its disagreement with the tax department's assessment.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Cords Cable Industries has duly informed the stock exchanges about this development. The company received the demand order (ALW-GST-Addl.-Commr-70/2025-26) on November 3, 2025, which was originally dated October 28, 2025, and digitally signed on October 31, 2025.

Implications and Next Steps

While the company maintains that there is no material impact, the substantial amount involved in the demand order may require attention from investors and stakeholders. The outcome of the appeal process, once initiated by the company, will be crucial in determining the final financial implications of this order.

Stakeholders should keep an eye on further announcements from Cords Cable Industries regarding the progress of their appeal and any potential impact on the company's financials.