Finolex Cables reports strong Q2 growth, updates insider trading code

Finolex Cables Limited (FCL) reported significant financial growth for the quarter and half-year ended September 30, 2025. Revenues for Q2 FY26 reached INR 1375.8 Cr, a 5% increase year-over-year. Power Cables saw a 40% volume growth, while Electrical Wires volumes remained flat. Profit after taxes for the quarter rose by 28% to INR 186.9 Cr, with half-year profit after taxes improving by 21% to INR 325.7 Cr. The company's segment EBIT improved to 10.9% in the quarter, with production trials at the Preform Facility expected to conclude by year-end.

In parallel, FCL announced amendments to its Code of Conduct to Regulate, Monitor, and Report Trading by Designated Persons and their Immediate Relatives. This updated Code, effective November 11, 2025, aims to prevent misuse of Unpublished Price Sensitive Information (UPSI) and ensure compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The amendments clarify definitions, reporting requirements, and penalties for contraventions, reinforcing FCL's commitment to robust governance.