Finolex Cables shares hit 20% upper circuit on Muhurat Trading after strong Q2 FY27 results; check all numbers

The firm reported a 67% growth in its consolidated net profit at ₹273 crore for the quarter ended September 30, 2026. The net profit in the same quarter in the previous fiscal year was ₹163 crore.

Its revenue from operations for Q2 FY27 stood at ₹2,269 crore, increasing 65% year-on-year (YoY) from ₹1,376 crore in the same period of the previous fiscal year.

On an operational level, Finolex Cables’ earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew to ₹312 crore in Q2 FY27 as against ₹145 crore in Q2 FY26.

The firm’s EBITDA margin expanded to 13.73% for the reporting quarter in contrast to 10.57% YoY.

For half a year (H1 FY27), Finolex Cables’ net profit jumped to ₹522 crore as compared to ₹325 crore on a YoY basis, marking a growth of 61%. Its revenue from operations for H1 FY27 surged 54.4% to ₹4,282 crore as against ₹2,771 crore in H1 FY26.

Finolex Cables said its electrical segment recorded significant revenue growth in automobile, agricultural, industrial and solar applications. In the Communication Cables segment, optic fiber cable volumes increased significantly year-on-year, while higher realisations supported margins.

It further said that its expansion plans for the fibre draw facility are on track, with the new plant’s full capacity of 4 million fibre kilometres expected to commence operations in FY27.

Finolex Cables share price trends

Over a month’s time, Finolex Cables’ shares have fallen 7%, while it has surged 15% in the past six months. From the beginning of the year, Finolex Cables shares have soared 66%.

Shares of the firm had hit a 52-week high of ₹1,499 on October 8, 2026, and a 52-week low of ₹700.80 on January 30, 2025.

Finolex Cables is one of India’s largest manufacturers of electrical and communication cables, offering a wide range of products across both segments.

According to NSE data, as of November 8, 2026, the company has a total market capitalisation of ₹20,022.82 crore.