R R Kabel Q2 FY27 Profit Rises 56% as Revenue Gains

R R Kabel Ltd reported higher revenue, operating EBITDA and net profit for the quarter ended September 2026. The wires and cables maker said its Q2 FY27 performance was supported by growth across categories, including a strong contribution from its core wires and cables business. Consolidated revenue from operations rose 51.8% year-on-year to ₹3,284 crore. Consolidated net profit increased 55.7% to ₹180.6 crore. The company also declared an interim dividend of ₹6.50 per share.

Q2 revenue crosses ₹3,200 crore

Revenue from operations increased from ₹2,164 crore in Q2 FY26 to ₹3,284 crore in Q2 FY27. The increase reflected stronger performance across the company’s product categories. R R Kabel identified appliances and new products as contributors to growth in its fast-moving electrical goods portfolio. The quarterly revenue figure also followed revenue of ₹3,168.2 crore reported in Q1 FY27. The company’s H1 FY27 revenue reached ₹6,452.2 crore.

Net profit rises faster than revenue

Consolidated net profit for Q2 FY27 stood at ₹180.6 crore, compared with ₹116 crore in the year-earlier quarter. The 55.7% increase was attributed to operating leverage and improved cost efficiencies. For the first half of FY27, consolidated profit was ₹385.8 crore. Managing Director Mahendrakumar Kabra said the company had recorded its highest-ever half-yearly revenue, operating EBITDA and profit after tax. The results indicate that earnings growth remained ahead of the company’s reported revenue growth during the quarter.

EBITDA growth supports margin expansion

EBITDA rose 60.8% year-on-year to ₹283 crore in Q2 FY27 from ₹176 crore a year earlier. EBITDA margin improved to 8.6% from 8.1%, an expansion of 50 basis points. The margin improvement was linked to operating leverage and cost efficiencies. Higher profitability at the operating level supported the increase in net profit. The company did not provide a separate quarterly segment-wise EBITDA figure in the supplied update.

Wires and cables remain the core driver

The wires and cables business recorded 55% year-on-year revenue growth in H1 FY27. R R Kabel said volume growth and higher realisations supported the segment’s performance. Segment profit rose 78% year-on-year during the first half. Segment margins expanded by 124 basis points. This business remains central to the company’s revenue growth and profitability, while export markets continue to form part of its wires and cables operations.

FMEG loss margin narrows

The fast-moving electrical goods, or FMEG, business reported revenue growth across categories in H1 FY27. Appliances and new products were identified as leading contributors. The segment’s loss margin narrowed to 2.2% from 4.5% a year earlier. R R Kabel linked the improvement to higher revenue and cost efficiencies. Management is targeting full-year operating break-even for the FMEG business in FY27.

Capacity and acquisition priorities

The company listed the Roorkee capacity expansion among its priorities. It also referred to land acquisition in Rajasthan. In addition, R R Kabel has a pending ₹77 crore acquisition involving an optical-cable business. These items show the company’s focus on expanding operational capacity and strengthening its presence in related cable categories. The supplied update did not specify completion dates for the Roorkee expansion, Rajasthan land acquisition, or the proposed optical-cable transaction.

Key Q2 and H1 FY27 figures

Dividend announcement and share movement

R R Kabel declared an interim dividend of ₹6.50 per share alongside the results. The company’s shares closed at ₹2,233 on October 28, 2026, before the earnings announcement. The closing price was up ₹38.60, or 1.76%, for the day. The reported share movement came ahead of the Q2 FY27 results. It does not establish a market reaction to the results announcement itself.

Why the results matter for investors

The Q2 figures show broad growth in revenue and operating profit, led by the wires and cables segment. The EBITDA margin increase indicates improved operating efficiency despite the company’s continued investment in the FMEG business. Narrowing losses in FMEG is relevant because management has set a full-year operating break-even target for that segment. The planned Roorkee expansion, Rajasthan land acquisition and pending optical-cable acquisition are the disclosed business priorities to track. Future updates on these projects and on the FMEG break-even target will be important for assessing execution during the remainder of FY27.

Outlook based on company priorities

R R Kabel said it will focus on sustaining growth and improving operating efficiencies. Management also reiterated its aim of achieving full-year operating break-even in FMEG during FY27. The company has reported record half-year revenue, operating EBITDA and profit after tax. Its next operational updates may provide details on capacity expansion, the Rajasthan land purchase and the pending optical-cable acquisition. For now, the reported Q2 performance reflects higher sales and improved profitability across the group.