Finolex Cables reports strong Q2 FY26 earnings, increased dividend

Finolex Cables Limited released an updated investor presentation and confirmed a conference call with analysts and investors on November 14, 2025, to discuss its performance for the quarter ended September 30, 2025. The company reported Q2 FY26 revenue of ₹1,376 Crore, a 5% year-on-year increase, and year-to-date revenue of ₹2,771 Crore, up 9% year-on-year. EBITDA for Q2 FY26 reached ₹253 Crore, a 26% year-on-year increase, with YTD EBITDA at ₹438 Crore, up 19% year-on-year. Profit After Tax (PAT) for Q2 FY26 surged to ₹187 Crore, a 35% year-on-year growth, with YTD PAT at ₹326 Crore, representing a 21% year-on-year increase.

The electrical cable segment demonstrated resilience, with stable core market volumes for electrical wires. However, 3CF Cables experienced a volume decline due to heavy rainfall impacting agricultural demand. Communication Cables saw muted volumes across all product lines. The "Others" segment, which includes fans, switches, and conduit pipes, saw successful diversification into new product categories, with conduit pipes and switches showing satisfactory growth.

Notably, Finolex Cables also distributed a dividend of ₹72.35 Crore in September 2025, an increase from ₹50.24 Crore in the previous year. The company maintains its position as an industry leader in working capital efficiency, although working capital days temporarily increased in the current quarter due to dividend provisioning.