Finolex Cables Q1 Profit Up 13% to ₹138.8 Cr
Pune, August 13, 2025 — Finolex Cables Ltd. (FCL) reported a robust performance for the first quarter of FY 2025–26, with revenue and profit both posting double-digit growth despite headwinds from volatile copper prices and unseasonal rains.
For the quarter ended June 2025, the company’s revenue stood at ₹1,395.5 crore, up 13% from ₹1,230.5 crore in the same period last year. In terms of volumes, Electrical Wires sales rose 6%, while Power Cables recorded an impressive 96% increase.
However, the Communication Cables segment saw lower volumes for both metal-based and optic fiber products, attributed mainly to delays in optic fiber cable (OFC) agreements with customers. The new product categories were also impacted by unusual rains during the quarter, dampening demand.
“Copper prices remained volatile during the quarter – selling prices were reduced in April. Further, unseasonal rains impacted the sale of wires for agricultural applications resulting in a change in the overall product mix for the quarter, which had a negative impact on margins,” the company said. Nevertheless, profit after tax came in at ₹138.8 crore, up 13% from ₹122.5 crore in Q1 FY25.
On the expansion front, the company said its preform manufacturing facility is running slightly behind schedule and is now expected to be operational by the fourth quarter of the current fiscal year.
Finolex Cables is one of India’s leading manufacturers of electrical and communication cables, with products serving sectors ranging from automotive and industrial to consumer applications. The company has diversified into electrical switches, LED lighting, fans, low-voltage MCBs, water heaters, and electric irons.
