Finolex Cables posted strong 44% revenue growth in Q1 FY27, driven by high volume in communication and electrical segments, though management warns current 30% communication margins are temporary due to low-cost inventory.
Finolex Cables delivered a solid Q1FY27 with 44% YoY revenue growth and a 59% jump in PAT. Performance was driven by copper price pass-throughs, significant volume growth in electrical cables, and operational leverage.
Finolex Cables reported Q4 FY26 revenue up 22% and PAT up 6% YoY. Management is focused on expanding communication cable capacity and the high-voltage JV turning profitable.
Finolex Cables delivered a strong Q4 revenue beat driven by non-electrical segments, though raw material volatility and geopolitical supply chain disruptions in the Middle East pressured margins toward year-end.