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Informist, Wednesday, Jan. 21, 2026

By Gunjan Rajput

MUMBAI – A strong performance by its cables and wires segment saw KEI Industries Ltd. report a jump in its net profit and rise in revenue in the quarter ended December. The company's net profit for the quarter was INR 2.35 billion, up over 42% from INR 1.65 billion a year ago. It was higher than analysts' estimate of INR 2.25 billion. On a trailing basis, the net profit rose over 15%.

The company's revenue for the quarter was INR 29.55 billion, up over 19% from INR 24.72 billion a year ago. Analysts had estimated the revenue at INR 30.42 billion. On a trailing basis, the revenue rose over 8%. The company's revenue from the cables and wires segment was INR 28.21 billion, up over 19% from INR 23.56 billion a year ago.

The company announced an interim dividend of INR 4.50 per share and set Jan. 28 as the record date.

Total income of the company was INR 29.88 billion, up over 20% on year from INR 24.80 billion in the corresponding period of last year. Sales of cables and wires through the dealer and distribution network increased nearly 29% on year, accounting for more than 54% of total sales in the December quarter.

Sales of the company's engineering, procurement, and construction segment increased by 33% on year. Currently, the pending orders with the company stand at INR 39.28 billion.

The earnings before interest, taxes, depreciation, and amortisation was INR 3.54 billion, up over 39% from INR 2.54 billion a year ago. The company's EBITDA margin improved to 11.98% in the December quarter from 10.29% year ago.

The company's total expenses in the December quarter were INR 26.74 billion, up over 18% on year. This was mainly due to 17% on year rise in the cost of materials consumed, which stood at INR 22.84 billion, and over 32% on-year rise in the employee benefit expense to INR 995 million. The company also made provisions for the new labour codes under employee benefit expenses in the December quarter. These include INR 98.01 million towards gratuity liability and INR 18.06 million towards compensated absences liability.

For Apr–Dec, the company's net profit was INR 6.34 billion, up nearly 35% from INR 4.70 billion in the year-ago period. The company's revenue for Apr-Dec was INR 82.71 billion, up nearly 21% from INR 68.21 billion a year ago.

On a standalone basis, KEI Industries reported financial charges of INR 166.3 million for the December quarter, up from INR 142.7 million in the same period last year. 

In the December quarter, the company started the first phase of commercial production for LT/I-IT cables at its green field unit located at Sanand in Ahmedabad. KEI Industries announced its earnings post-market hours. Wednesday, shares of the company ended at INR 3,939.30 on the National Stock Exchange, down more than 3% from the previous closed.  End

Edited by Ashish Shirke

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