RR Kabel’s shares rise sharply following its June-quarter results showing a large jump in profitability. Multiple outlets report that the company’s Q1 net profit (profit after tax) more than doubles year-on-year, increasing by about 128–129% to roughly Rs 205 crore. Revenue also grows strongly, with one report citing a 53.9% year-on-year rise. Alongside the profit growth, Economic Times reports that EBITDA nearly doubles and that margins expand. The outlets also highlight improvements in operating performance across segments: RR Kabel records operational breakeven in its FMEG segment, supported by management’s stated progress on execution. The company’s Wires & Cables business continues to drive growth, with Economic Times attributing gains to stronger demand and improved profitability. NDTV adds that the quarter includes an inventory write-back of Rs 169 crore, compared with Rs 62 crore in the same quarter of the previous year. Taken together, the reports indicate that strong top-line growth and margin improvement, along with accounting impacts from inventory write-back, underpin the quarter’s results.
RR Kabel shares rise after Q1 profit more than doubles on stronger revenue
RR Kabel’s shares rise sharply following its June-quarter results showing a large jump in profitability. Multiple outlets report that the company’s Q1 net profit (profit after tax) more than doubles y...
- RR Kabel reports Q1 profit after tax rising by about 128–129% year-on-year to around Rs 205 crore.
- Revenue increases around 53.9% year-on-year in the June quarter.
- EBITDA nearly doubles and margins expand, according to Economic Times.
- RR Kabel reaches operational breakeven in its FMEG segment.
- The quarter includes an inventory write-back of Rs 169 crore versus Rs 62 crore in the year-ago quarter.
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires & Cables business and improving profitability. The company also achieved operational breakeven in its FMEG segment, while management expressed confidence in sustaining growth through product expansion, distribution strengthening and execution excellence.
5 hours agoR R Kabel shares rallied over 7% after Q1 net profit surged 128.5% to Rs 205 crore, while revenue rose 53.9% year-on-year
6 hours agoR R Kabel also reported an inventory write-back of Rs 169 crore during the quarter, significantly higher than the Rs 62 crore recorded in the corresponding period last year.
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