Mumbai: Finolex Cables Ltd., (FCL) at the meeting of its Board of Directors held today, approved results for the fourth quarter as well as the full year of 2025-26.

Revenues for the quarter ended March 2026 were Rs.1951.1 Cr as against Rs.1594.6 Cr for the corresponding period in 2024-25, representing a 22% growth.

For the full year 2025-26, sales were Rs. 6321.0 Cr as against Rs. 5318.9 Cr in the previous year – an improvement of 19%. During the year, commodity prices continued to remain volatile, which led to several price revisions to pass on cost increases to the end customers, resulting in a situation where margins remained under pressure through the year. For the full year Electrical Wires growth was flat in volume, while Cables grew by 21%; OFC volumes were higher by 5% – however given the price erosion on fiber during most of the year, revenue at the segment level was slightly below previous year’s levels. Growth in new products was muted owing to unseasonal rains in the summer which affected sale of fans, changes to BIS norms on electricity consumption, continued price erosion on lighting products; revenue was marginally higher at 262 Cr – a growth of 2%.

Profit for the quarter, before taxes, was Rs.218.9 Cr, as compared to Rs.208.1 Cr in the previous year – a 5% improvement.

For the full year, profit before taxes stood at Rs 806.9 Cr as against Rs 713.6 Cr in the previous year – an improvement of 13%.

PAT for Q4 of 2025-26 stood at Rs 161.2 Cr as against Rs 151.9 Cr for the corresponding period of the previous year – an improvement of 6%.

For the full year, profit after taxes were Rs 622.9 Cr as against Rs 544.4 Cr in the previous year – an improvement of 14%.

At its meeting today, the Board has recommended a dividend of 450% for the year, which means an outgo of Rs 9/- per share for every share of Rs 2/- the overall dividend outgo would be Rs  137.7 Cr.

The Company is pleased to announce that the EHV JV with Sumitomo Electric turned profitable in the year 2025-26 with revenue of Rs 452.8 Cr and profit before taxes of Rs 21.5 Cr. With an improving order book, the JV is expected to improve on performance going forward.

For the year ended 31st March 2026, the consolidated results reflect net sales of Rs 6321.0 Cr as against Rs 5318.9 Cr in the previous year and Profit After Taxes of Rs 713.7 Cr as against Rs 700.8 Cr in the previous year.

Of the previously announced capex plans, the first Phase Preform facility was completed and commissioned during the year while expansion of the fiber draw capacity is ongoing and is expected to be completed by Q2 of the current fiscal. When completed, these additions will add significantly to the Company’s future revenues.