Revenue from operations rose 65.0% YoY to Rs 2,269.33 crore from Rs 1,375.79 crore. Sequentially, revenue increased 12.7% from Rs 2,013.15 crore.
Profit before tax rose 73.0% YoY to Rs 356.65 crore from Rs 206.20 crore. Sequentially, PBT increased 13.4% from Rs 314.46 crore.
Total expenditure increased 59.1% YoY to Rs 1,980.74 crore from Rs 1,244.72 crore. Cost of raw materials consumed rose 62.2% to Rs 1,834.76 crore from Rs 1,130.97 crore. Employee expenses increased 13.2% to Rs 56.82 crore from Rs 50.19 crore. Interest costs rose 38.6% to Rs 0.61 crore, while depreciation increased 61.2% to Rs 22.63 crore from Rs 14.04 crore.
The company said revenue growth was driven by higher volumes in the Electrical segment across automobile, agricultural, industrial and solar applications. In the Communication Cables segment, optic fibre cable volumes increased significantly, supported by higher realisations and improved margins.
The company said its expansion plans for the fibre draw facility were progressing as scheduled. Full capacity of 4 million fibre kilometres from the new plant is now expected to commence in FY27.
Finolex Cables is a manufacturer of electrical and communication cables. Its product portfolio also includes electrical switches, LED lamps, fans, low-voltage MCBs, water heaters and electric irons.
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