Finolex Cables Q2 FY27 Results: Consolidated Net Profit ₹273 Crore on Total Income of ₹2,303 Crore
- Earnings
- Electrical and communication cables
Reviewed byKeshav SehgalBlacklitt Research
Finolex Cables (NSE: FINCABLES) reported consolidated total income of ₹2,302.74 crore and net profit of ₹272.92 crore for the quarter ended 30 Sep 2026. On a standalone basis, total income was ₹2,358.00 crore and net profit ₹286.34 crore. The company filed the results on 7 Nov 2026.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹2,302.74 crore, up 62.9% YoY and 11.5% QoQ
- Net profit and EPS: ₹272.92 crore; basic EPS ₹17.85, against ₹10.63 a year earlier
- Associate and JV share: ₹35.26 crore, within profit before tax of ₹356.65 crore
- Revenue from operations: ₹2,269.33 crore, up 64.9% YoY
Standalone
The company on its own, without its subsidiaries
- Total income: ₹2,358.00 crore, up 58.7% YoY
- Net profit and EPS: ₹286.34 crore; basic EPS ₹18.72, up 53.2% YoY
- Other income: ₹88.67 crore, down 19.3% YoY from ₹109.81 crore
- Tax expense: ₹88.31 crore, up 71.0% YoY
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 2,302.74 | 1,413.25 | +62.9% | 2,064.64 | +11.5% | |
| Revenue from operations | 2,269.33 | 1,375.79 | +64.9% | 2,013.15 | +12.7% |
| Other income | 33.41 | n/a | n/a | 51.49 | -35.1% |
| 272.92 | 162.64 | +67.8% | 249.04 | +9.6% | |
| Profit before tax | 356.65 | n/a | n/a | 314.46 | +13.4% |
| Finance costs | 0.61 | 0.44 | +38.6% | 0.45 | +35.6% |
| Depreciation | 22.63 | 14.04 | +61.2% | 21.56 | +5.0% |
| Tax expense | 83.73 | n/a | n/a | 65.42 | +28.0% |
| Net profit margin | 11.85% | 11.51% | +0.34 pp | 12.06% | -0.21 pp |
| EPS, basic (₹) | 17.85 | 10.63 | +67.9% | 16.28 | +9.6% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated revenue from operations rose 64.9% to ₹2,269.33 crore and total income rose 62.9% to ₹2,302.74 crore. The press release says that in volume terms Electrical segment revenue grew significantly in automobile, agricultural, industrial and solar applications, and that Optic Fiber Cable volumes were significantly higher than a year earlier.
Finance costs were ₹0.61 crore against ₹0.44 crore a year earlier, and depreciation was ₹22.63 crore against ₹14.04 crore. Tax expense of ₹83.73 crore is 23.5% of profit before tax of ₹356.65 crore. Net profit of ₹272.92 crore is the profit for the quarter attributable to owners of the company.
The profit before tax of ₹356.65 crore includes the share of net profit of the associate and joint venture, ₹35.26 crore, which the statement shows as a separate line. That share is 9.9% of profit before tax. The associate is Finolex Industries Limited and the joint venture is Finolex J-Power Systems Limited.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 2,358.00 | 1,485.60 | +58.7% | n/a | n/a | |
| Revenue from operations | 2,269.33 | 1,375.79 | +64.9% | 2,013.15 | +12.7% |
| Other income | 88.67 | 109.81 | -19.3% | 51.49 | +72.2% |
| 286.34 | 186.89 | +53.2% | 221.28 | +29.4% | |
| Profit before tax | 374.65 | 238.53 | +57.1% | 277.37 | +35.1% |
| Finance costs | 0.61 | 0.44 | +38.6% | 0.45 | +35.6% |
| Depreciation | 22.63 | 14.04 | +61.2% | 21.56 | +5.0% |
| Tax expense | 88.31 | 51.64 | +71.0% | 56.09 | +57.4% |
| EPS, basic (₹) | 18.72 | 12.22 | +53.2% | 14.47 | +29.4% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone total income rose 58.7% to ₹2,358.00 crore, with revenue from operations up 64.9% to ₹2,269.33 crore. Other income fell 19.3% to ₹88.67 crore from ₹109.81 crore, and was 3.8% of total income against 7.4% a year earlier.
Standalone net profit is ₹286.34 crore, up 53.2% from ₹186.89 crore, on profit before tax of ₹374.65 crore and tax expense of ₹88.31 crore, which is 23.6% of profit before tax. The press release gives profit after taxes as ₹286.4 crore against ₹186.9 crore, which it describes as an improvement of 53%.
Finance costs were ₹0.61 crore and depreciation ₹22.63 crore, against ₹0.44 crore and ₹14.04 crore a year earlier.
Inference
The filing says the Board recommended a dividend of ₹9.00 per equity share for the year ended 31 Mar 2026, which shareholders approved at the Annual General Meeting on 28 Sep 2026, and that ₹137.65 crore of dividend has been accounted in the six months ended 30 Sep 2026.
Deloitte Haskins & Sells LLP issued an unmodified limited review report dated 7 Nov 2026 on both the standalone and consolidated results. The press release says full capacity from the new fiber draw plant, 4 million fiber kilometers, is now expected to commence in FY27.
The filing does not give the cost of the new fiber draw plant.
Filed with BSE on . Reference: Original filing (PDF)
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