Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY26)
Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 and 33 of SEBI (LODR) Regulations, 2015
Date of Board Meeting / Approval: August 03, 2026
Audit Opinion: Unmodified opinion (clean) expressed by statutory auditors on both standalone and consolidated financial results.
Auditor’s Comment: Auditors drew attention to Note 4 regarding Income Tax search proceedings in May 2026, noting that the consequent impact on financial results is not currently ascertainable.
Key Financial Highlights [₹ in Million]
Standalone Results:
Revenue from Operations: ₹31,853.42 (Q1 FY26) vs ₹25,903.16 (Q1 FY25) - 23.0% YoY increase
Total Income: ₹32,049.15 (Q1 FY26) vs ₹26,299.27 (Q1 FY25)
Net Profit: ₹2,741.40 (Q1 FY26) vs ₹1,957.47 (Q1 FY25) - 40.0% YoY increase
EPS: Basic ₹28.68, Diluted ₹28.66 (not annualized)
Consolidated Results:
Revenue from Operations: ₹31,853.42 (Q1 FY26) vs ₹25,903.16 (Q1 FY25) - 23.0% YoY increase
Total Income: ₹32,049.15 (Q1 FY26) vs ₹26,299.27 (Q1 FY25)
Net Profit: ₹2,741.40 (Q1 FY26) vs ₹1,957.47 (Q1 FY25) - 40.0% YoY increase
EPS: Basic ₹28.68, Diluted ₹28.66 (not annualized)
Segment-wise Performance [₹ in Million]:
Cables & Wires Segment Revenue: ₹30,883.94 (Q1 FY26) vs ₹24,771.21 (Q1 FY25)
Cables & Wires Segment Profit: ₹4,190.34 (Q1 FY26) vs ₹2,665.33 (Q1 FY25)
Stainless Steel Wire Segment Revenue: ₹535.66 (Q1 FY26) vs ₹521.25 (Q1 FY25)
Stainless Steel Wire Segment Profit: ₹49.02 (Q1 FY26) vs ₹42.19 (Q1 FY25)
EPC Projects Segment Revenue: ₹1,307.96 (Q1 FY26) vs ₹994.05 (Q1 FY25)
EPC Projects Segment Loss: ₹(51.34) (Q1 FY26) vs Profit ₹79.14 (Q1 FY25)
Corporate Actions:
The Board approved the re-appointment of Mr. Akshit Diviaj Gupta (DIN: 07814690) as Whole-Time Director for a further period of five years from May 10, 2027 to May 09, 2032, subject to shareholder approval at the ensuing Annual General Meeting.
Other Significant Information:
- Annual General Meeting fixed for Monday, September 28, 2026 at 03:00 p.m. through Video Conferencing/Other Audio Visual Means
- QIP funds raised on November 28, 2024: ₹20,000 Million aggregate
- Net QIP proceeds: ₹19,656.33 Million (net-off QIP Expenses ₹343.67 Millions)
- As of June 30, 2026: Unutilized amount ₹2,799.30 Million in bank deposits; ₹227.71 Million in QIP Monitoring Account
- Consolidated results include associate KEI Cables SA Pty Limited, South Africa (financials not material to Group)