KEI Industries Limited , a leading player in the cables and wires industry, has announced its financial results for the first quarter, showcasing strong performance across key metrics.

Financial Highlights

For the quarter ended June 30, KEI Industries reported:

• Revenue from operations of ₹2,590.32 crore, marking a 25.44% year-on-year growth
• Net profit of ₹195.75 crore, up 30.28% compared to the same quarter last year
• EBITDA of ₹297.63 crore, representing a 28.06% year-on-year increase
• EBITDA margin improved to 11.49% from 11.25% in the corresponding quarter of the previous year
• Earnings per share (EPS) of ₹20.49 (basic) and ₹20.47 (diluted)

Segment Performance

The company's performance across its business segments for the quarter was as follows:

The Cables & Wires segment, which is the company's primary revenue driver, showed significant growth and contributed 95.63% to the total revenue.

Operational Updates

The Board of Directors reviewed the project implementation status for setting up a new cable manufacturing facility at Sanand, Ahmedabad, Gujarat. Key updates include:

• The first phase of LT/HT Cables production is scheduled to commence by September 2025
• EHV Cable production is expected to start by Q1 FY 2026-27

Market Position and Future Outlook

KEI Industries continues to strengthen its position in the market with its diverse product portfolio and strategic expansions. The company's technical collaboration agreement with BRUGG to manufacture EHV cables up to 400kV further enhances its capabilities in the high-voltage cable segment.

Financial Position

As of June 30, KEI Industries maintains a strong financial position:

• Cash and bank balances of ₹1,699.49 crore
• Net debt position of ₹(1,496.00) crore, indicating a negative net debt

The company's robust cash position and negative net debt provide it with financial flexibility for future growth initiatives and market expansion.

KEI Industries' performance in the quarter demonstrates its resilience and ability to capitalize on market opportunities. The ongoing capacity expansion at Sanand and focus on high-margin products are expected to drive future growth for the company.

KEI Industries Limited, a leading player in the wire and cable industry, has made a strategic move to support its future growth plans by acquiring industrial land in Gujarat. The company has purchased a plot from the Gujarat Industrial Development Corporation (GIDC) for approximately ₹23.05 crore.

Land Acquisition Details

• Location: Plot No. 832 to 836 at Sanand – II, Industrial Estate, Ahmedabad, Gujarat
• Area: 45,964.92 square meters
• Purpose: Future expansion

Strategic Implications

This acquisition is a significant step for KEI Industries, as it positions the company for future growth and expansion. The industrial plot in Sanand-II, a well-developed industrial area near Ahmedabad, provides KEI Industries with a strategic location for potential manufacturing or operational expansion.

Company's Disclosure

In compliance with regulatory requirements, KEI Industries has informed the stock exchanges about this development. The company's Chairman-cum-Managing Director, Anil Gupta, signed the intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Outlook

While specific details about the planned use of the land have not been disclosed, this acquisition clearly indicates KEI Industries' commitment to growth and its confidence in future market opportunities. The investment in industrial land suggests that the company may be preparing for increased production capacity or diversification of its operations in the coming years.

Investors and industry observers will likely keep a close watch on KEI Industries' future announcements regarding the development plans for this newly acquired land in Gujarat.