R R Kabel Limited (NSE:RRKABEL) announced its unaudited standalone and consolidated financial results for the quarter ended 30 June 2026 on 27 July 2026, following a board meeting held in Mumbai. The company reported a standalone net profit of Rs 2,031 million for Q1 FY27, compared to Rs 887 million in the same quarter of the prior year, while revenue from operations reached Rs 31,682 million against Rs 20,586 million in Q1 FY26.
Key Highlights
- Standalone net profit for Q1 FY27 stood at Rs 2,031 million, representing growth of 128.9% compared to Rs 887 million in Q1 FY26.
- Standalone revenue from operations for Q1 FY27 was Rs 31,682 million, up 53.9% year-on-year from Rs 20,586 million in Q1 FY26.
- Basic earnings per share for Q1 FY27 were Rs 17.96 per share, compared to Rs 7.85 per share in the prior-year quarter, on a face value of Rs 5 per share.
- Wires and Cables segment contributed Rs 28,800 million to Q1 FY27 revenue from operations, with segment profit before tax of Rs 2,854 million.
- Fast-Moving Electrical Goods segment generated Rs 2,882 million in Q1 FY27 revenue, though the segment recorded a marginal loss before tax.
- The unaudited financial results were reviewed by B S R & Co. LLP, Chartered Accountants, the company's statutory auditors, in accordance with SRE 2410 standards.
- An exceptional item relating to the statutory impact of new labour codes resulted in a charge of Rs 138 million in Q1 FY27.
About the Company
R R Kabel Limited (NSE:RRKABEL) is a manufacturer and distributor of wires, cables, and fast-moving electrical goods, headquartered in Mumbai. The company operates two reportable business segments: Wires and Cables, which forms the core business, and Fast-Moving Electrical Goods. The company is registered on the National Stock Exchange of India Limited under the symbol RRKABEL and on the BSE Limited under script code 543981. Incorporated in 1995, R R Kabel holds CIN L28997MH1995PLC085294 and operates its registered office at Ram Ratna House, Oasis Complex, Pandurang Budhkar Marg, Worli, Mumbai 400 013. The company manufactures and supplies a range of power cables, control cables, and electrical accessories to industrial and residential sectors across India.
Announcement in Detail
The board of directors of R R Kabel Limited, meeting on 27 July 2026 from 12:30 pm to 2:50 pm IST, approved the company's unaudited standalone and consolidated financial results for the quarter ended 30 June 2026. This approval was made under Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, B S R & Co. LLP, issued a limited review report confirming that nothing in their review caused them to believe that the statement had failed to disclose required information or contained material misstatement.
On the standalone basis, the company reported total income of Rs 32,011 million for Q1 FY27, comprising revenue from operations of Rs 31,682 million and other income of Rs 329 million. Total expenses for the quarter amounted to Rs 29,410 million, of which cost of materials consumed was Rs 25,953 million, employee benefits expense was Rs 1,289 million, finance costs were Rs 263 million, and depreciation and amortisation expense was Rs 297 million. Profit before tax, after accounting for an exceptional charge of Rs 138 million relating to the statutory impact of new labour codes, stood at Rs 2,739 million. Tax expenses, comprising current tax of Rs 637 million and deferred tax charge of Rs 71 million, resulted in a net profit of Rs 2,031 million for the quarter.
The Wires and Cables segment, the company's larger business division, contributed Rs 28,800 million to standalone revenue from operations in Q1 FY27, with a segment profit before tax of Rs 2,854 million. The Fast-Moving Electrical Goods segment recorded revenue of Rs 2,882 million but reported a segment loss before tax of Rs 0 million (rounding effect of minimal loss). Total other comprehensive income after tax for the quarter was Rs 591 million, driven primarily by fair value gains on investment in equity instruments through OCI. Total comprehensive income for Q1 FY27 thus reached Rs 2,622 million on a standalone basis.
Impact on Investors
Investors will note that the company's profitability has improved significantly in Q1 FY27 on a year-on-year basis. The 128.9% growth in net profit, coupled with a 53.9% increase in revenue from operations, indicates expansion in both the top line and operational efficiency. Earnings per share on a basic basis increased to Rs 17.96 per share in Q1 FY27 from Rs 7.85 per share in Q1 FY26, reflecting the profit growth after accounting for the paid-up equity share capital of Rs 566 million (representing 113.2 million shares at a face value of Rs 5 each). The filing shows that other comprehensive income contributed positively to total comprehensive income through fair value gains on equity investments, widening the total comprehensive income to Rs 2,622 million from the net profit of Rs 2,031 million.
Shareholders will observe that the Wires and Cables segment, which accounts for the majority of revenue and profit, has demonstrated strong performance with segment profit before tax rising from Rs 1,391 million in Q1 FY26 to Rs 2,854 million in Q1 FY27. However, the Fast-Moving Electrical Goods segment continues to operate near breakeven or loss levels, recording marginal losses in both comparative quarters, which indicates that this segment is not yet a meaningful profit contributor. The exceptional charge of Rs 138 million in Q1 FY27 relating to the statutory impact of new labour codes should be considered by investors as a one-time or periodic adjustment that may recur depending on regulatory developments. The disclosed terms show that finance costs have remained modest at Rs 263 million for the quarter, suggesting moderate leverage levels in the company's capital structure.
Sector / Market Context
India's electrical and power cable manufacturing sector has seen steady growth driven by infrastructure development, renewable energy expansion, and electrification initiatives. The All India Wire Manufacturers Association (AIWMA) and industry data indicate that demand for wires and cables remains supported by power distribution upgrades, industrial expansion, and residential construction activity. India's power sector has been investing significantly in transmission and distribution infrastructure, with the Central Transmission Utility (CTU) and state distribution companies continuously upgrading grid capacity. The government's focus on renewable energy integration and smart grid development has further supported demand for specialized cables. Against this backdrop, R R Kabel's revenue growth and profit expansion in Q1 FY27 can be contextualised within the broader sector momentum, though company-specific operational performance improvements also play a role in the results reported.