R R Kabel, a wires and cables exporter, reported a 55.7% year-on-year increase in consolidated net profit to ₹180.6 crore for the September quarter, compared with ₹116 crore a year earlier, driven by operating leverage and improved cost efficiencies.
Revenue from operations rose 51.8% to ₹3,284 crore from ₹2,164 crore in the corresponding quarter last year. The company attributed the growth to strong performance across categories, led by appliances and contributions from new products.
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 60.8% year-on-year to ₹283 crore from ₹176 crore. The EBITDA margin expanded to 8.6% from 8.1%.
The company also declared an interim dividend of ₹6.50 per share.
Wires and cables business drives growth
R R Kabel said revenue from its wires and cables (W&C) business rose 55% year-on-year in the first half of FY27, supported by volume growth and higher realisations.
Segment profit increased 78% year-on-year, while margins expanded by 124 basis points.
FMEG business narrows losses
The fast-moving electrical goods (FMEG) business recorded revenue growth across categories, led by appliances and contributions from new products.
The segment’s loss margin narrowed to 2.2% in the first half of FY27 from 4.5% a year earlier, supported by revenue growth and cost efficiencies. The company is targeting full-year operating break-even for the FMEG business in FY27.
Managing Director Mahendrakumar Kabra said the company recorded its highest-ever half-yearly revenue, operating EBITDA and profit after tax.
He added that the company would focus on sustaining growth, improving operating efficiencies and achieving full-year break-even in the FMEG business.
R R Kabel shares closed at ₹2,233 on October 28, up 1.76%, or ₹38.60, ahead of the earnings announcement.
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