Finolex Cables Limited delivered strong financial performance in Q3 FY26, with the Board of Directors approving unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The company demonstrated robust growth across key financial metrics despite challenging market conditions and regulatory changes.

Strong Revenue Growth Driven by Volume Expansion

The company's revenue performance showcased significant momentum across business segments:

The quarter was marked by rising metal prices, leading to five upward price adjustments with an overall increase of approximately 12% from the previous quarter. In volume terms, electrical wires showed 28% growth, while optic fiber cable volumes grew 34% during the quarter.

Profitability Metrics Show Steady Improvement

Despite cost pressures and additional provisions, the company maintained healthy profitability:

The company recorded an additional provision of ₹6.01 crores as past service cost for employee benefits following the Government of India's implementation of unified Labour Codes effective November 21, 2025.

Nine-Month Performance Demonstrates Consistent Growth

For the nine-month period ended December 31, 2025, Finolex Cables maintained strong performance momentum:

Electrical wires showed 15% volume growth for the nine-month period, though communication cables segment volumes were lower than the corresponding period.

Segment-wise Revenue Performance

The company's diversified business portfolio delivered varied performance across segments:

Electrical cables remained the largest contributor, generating segment results of ₹137.34 crores compared to ₹116.00 crores in Q3 FY25.

Operational Developments and Future Outlook

The company is progressing with capacity expansion initiatives. The Preform Facility Phase 1 with 100MT production capacity is under production trials and expected commissioning by March 2026. Additionally, Phase 1 of fiber draw capacity addition (2 million FKM) is also targeted for completion by March 2026.

Volume growth in new product categories faced temporary headwinds due to changes in energy efficiency norms effective January 2026, creating trade resistance for additional material purchases during the quarter.

Consolidated Results Reflect Strong Performance

On a consolidated basis, the company reported net profit of ₹164.03 crores for Q3 FY26 compared to ₹147.25 crores in Q3 FY25. The consolidated results include share of net profit from associate and joint venture of ₹32.89 crores, contributing to overall performance strength.

Finolex cables Limited has announced the appointment of Mr. Siddhesh Mandke as Compliance Officer and Key Managerial Personnel (KMP) with immediate effect. The appointment was approved by the Board of Directors on 10th February 2026, following a recommendation from the company's Nomination and Remuneration Committee.

Board Approval and Regulatory Compliance

The appointment was formalized during a Board meeting that commenced at 11.50 am and concluded at 2.20 pm on 10th February 2026. The decision was made pursuant to Regulation 6 & 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full regulatory compliance.

Professional Background and Qualifications

Mr. Siddhesh Mandke brings extensive expertise to his new role, with 17 years of experience in Corporate Law, Legal affairs, and Compliance Management. His professional credentials include:

• Associate Member (A20101) of the Institute of Company Secretaries of India, New Delhi
• LLB degree from Pune University
• M.com from Pune University
• MMS (Finance) from Pune University

Prior to joining Finolex Cables Limited, Mr. Mandke was associated with Kirloskar Brothers Limited, where he gained valuable experience in corporate governance and compliance management.

Key Responsibilities and Role

As Compliance Officer and Key Managerial Personnel, Mr. Mandke will be responsible for ensuring the company's adherence to regulatory requirements and maintaining corporate governance standards. His appointment aligns with SEBI regulations requiring listed companies to have designated compliance officers for effective regulatory oversight.

Corporate Communication

The company has informed both BSE Limited (Scrip Code: 500144) and National Stock Exchange of India Ltd (Scrip Code: FINCABLES) about this appointment. Additional details regarding the appointment are available on the company's website at the Corporate Announcement section for 2025-26.