Finolex Cables Limited , a prominent player in the Indian cable industry, has released its financial results for the second quarter of fiscal year 2026, showcasing a mixed performance amidst challenging market conditions.

Financial Highlights

The company demonstrated resilience in its financial performance, with modest top-line growth accompanied by more substantial improvements in profitability metrics.

Segment Performance

Finolex Cables faced headwinds in two key segments:

1. Agriculture: Prolonged monsoons impacted the agricultural sector, potentially affecting demand for related cable products.
2. Building Wires: A moderation in the real estate market led to challenges in this segment.

Despite these obstacles, the company reported a strong 60.00% volume growth in its cables segment, indicating robust demand in other areas of its business.

Future Outlook

Finolex Cables is positioning itself for future growth with strategic investments in manufacturing capabilities:

• New preform and fiber draw plants are expected to be operational by March 2026.
• These additions aim to enhance the company's production capacity and potentially improve its market position.

Market Implications

The mixed results reflect the complex operating environment for industrial companies in India. While Finolex Cables has shown the ability to grow its bottom line significantly, the modest revenue growth suggests ongoing challenges in certain market segments.

Investors and industry observers will likely be watching how the company navigates the current market conditions and whether the planned expansion of manufacturing facilities will translate into stronger growth in the coming quarters.

As always, it's important for stakeholders to consider these results in the context of broader market trends and the company's long-term strategy.

Finolex Cables Limited has officially confirmed the cessation of Mrs. Gayatri Kulkarni from her role as Assistant Company Secretary and Compliance Officer. The company informed stock exchanges about the completion of her resignation process on December 12, 2025.

Official Cessation Details

The company's latest communication to BSE and NSE provides specific details about Mrs. Kulkarni's departure:

Key Roles and Responsibilities Affected

Mrs. Kulkarni's departure impacts several critical functions within the organization:

1. Compliance Officer: Ensuring adherence to regulatory requirements and corporate governance standards
2. Assistant Company Secretary: Supporting secretarial and administrative functions
3. POSH Act Responsibilities: Serving as Presiding Officer of Internal Committee under Sexual Harassment of Women at Workplace Act, 2013
4. Nodal Officer: Managing SheBox Portal under POSH Act

Regulatory Compliance and Documentation

Finolex Cables has maintained full regulatory compliance throughout this transition:

The company's disclosure follows Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Transition Management

With Mrs. Kulkarni's official departure, Finolex Cables now needs to address the continuity of compliance functions. The company has fulfilled its obligation to inform stakeholders about this key managerial personnel change, ensuring transparency in corporate governance.

The resignation letter, dated November 13, 2025, cited the decision to "pursue new opportunities for personal and professional growth," with Mrs. Kulkarni assuring full cooperation during the transition period for smooth handover of responsibilities.