Finolex Cables Reports 28% Profit Growth in Q2 FY2025-26

Finolex Cables Limited (FCL), India's leading manufacturer of electrical and communication cables, has announced its financial results for the second quarter of the fiscal year 2025-26, showcasing robust growth and improved profitability.

Revenue Growth and Segment Performance

For the quarter ending September 2025, FCL reported revenues of Rs. 1,375.80 crore, marking a 5% increase from Rs. 1,311.70 crore in the corresponding period of the previous year. The company's performance varied across different product segments:

Electrical Wires: Volume remained flat
Power Cables: Experienced significant growth of about 40%
Communication Cables: Volumes were muted across all products
New Product Categories: Contributed to overall turnover growth

Profit Enhancement

FCL demonstrated strong profit growth for the quarter:

Profit After Tax: Rs. 186.90 crore, up 28% from Rs. 146.10 crore in Q2 FY2024-25
Segment EBIT: Improved to 10.9% for the quarter

Half-Year Performance

For the half-year ending September 2025, FCL reported:

Revenues: Rs. 2,771.30 crore, a 9% increase from Rs. 2,542.20 crore in the previous year
Profit After Tax: Rs. 325.70 crore, up from Rs. 268.60 crore, marking a 21% improvement

Strategic Pricing and Market Dynamics

The company navigated fluctuating metal prices during the quarter:

Prices dipped in July/August before rising in September
FCL implemented appropriate pricing actions in September
Focus remained on ensuring margin stability and quick pass-through of metal price volatility

Operational Update

Production trials at the Preform Facility are expected to be completed by the end of the calendar year, with commissioning to follow shortly after.

Financial Highlights

Particulars (Rs. in crores)	Q2 FY2025-26	Q2 FY2024-25	H1 FY2025-26	H1 FY2024-25
Revenue from Operations	1,375.80	1,311.70	2,771.30	2,542.20
Other Income	109.80	101.80	163.90	148.20
Profit before Tax	238.50	188.20	409.30	343.80
Profit After Tax	186.90	146.10	325.70	268.60

Finolex Cables Limited continues to strengthen its position in the market, with its diversified product portfolio and strategic pricing actions contributing to its financial success in a dynamic business environment.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.79%	+2.15%	-0.33%	-15.71%	-31.15%	+183.30%

Finolex Cables Limited (FCL), India's leading manufacturer of electrical and communication cables, has reported strong financial results for the second quarter of fiscal year 2025-26, demonstrating resilience in a dynamic market environment.

Financial Highlights

For the quarter ended September 30, 2025, Finolex Cables posted impressive growth in its key financial metrics:

Particulars (in ₹ crore)	Q2 FY26	Q2 FY25	YoY Change
Revenue from Operations	1,375.80	1,311.70	+4.89%
Profit Before Tax	238.50	188.20	+26.73%
Net Profit	186.90	146.10	+27.93%

The company's revenue from operations grew by 4.89% year-over-year to ₹1,375.80 crore, up from ₹1,311.70 crore in the same quarter last year. More notably, Finolex Cables saw a substantial 27.93% increase in net profit, which rose to ₹186.90 crore from ₹146.10 crore in the corresponding period of the previous year.

Segment Performance

Finolex Cables reported mixed performance across its various product segments:

Electrical Wires: Volume remained flat compared to the same quarter last year.
Power Cables: Showed robust growth with volumes increasing by approximately 40%.
Communication Cables: Volumes were subdued across all products in this segment.

The company noted that growth in new product categories contributed to the overall turnover from the communication cables segment.

Operational Efficiency

The company's focus on operational efficiency was evident in its improved EBIT (Earnings Before Interest and Taxes) margin, which rose to 10.9% for the quarter. This improvement came despite fluctuations in metal prices during the period. FCL management implemented appropriate pricing actions in September, emphasizing margin stability and quick pass-through of metal price volatility.

Half-Year Performance

For the first half of FY2025-26, Finolex Cables continued its growth trajectory:

Revenue increased by 9% to ₹2,771.30 crore, up from ₹2,542.20 crore in H1 FY25.
Profit after tax improved by 21% to ₹325.70 crore, compared to ₹268.60 crore in the same period last year.

Future Outlook

Finolex Cables is on track with its expansion plans. The company announced that production trials at its new Preform Facility are expected to be completed by the end of the calendar year, with commissioning to follow shortly after. This new facility may enhance FCL's production capabilities and potentially contribute to future growth.

Conclusion

Finolex Cables' robust Q2 results demonstrate its ability to navigate market challenges and capitalize on growth opportunities in the electrical and communication cable sector. As India continues to invest in infrastructure and connectivity, FCL appears well-positioned to benefit from these trends in the coming quarters.