Finolex Cables Q2 profit jumps 68%!!! watch

Revenue increased 12.7% sequentially compared with Q1 FY27, while net profit rose 9.6% quarter-on-quarter. The market reaction was also strong. Finolex Cables shares gained approximately 20% on 8 November, the first trading session after the results announcement. Why does it matter? Finolex Cables operates in the electrical and communication cables business. Its performance can be influenced by infrastructure spending, housing activity, industrial demand and investment in power distribution. Three points stand out: 1. Revenue acceleration: Growth of nearly 65% indicates a substantial increase in business activity. 2. Profit growth: Net profit grew slightly faster than revenue, suggesting improved earnings performance. 3. Sequential improvement: Both revenue and profit increased compared with the previous quarter. However, investors should examine whether this growth is supported by sustainable demand, product volumes and operating margins. My view Finolex Cables delivered a strong set of quarterly numbers. Revenue and profit growth were both impressive, and the sequential improvement adds to the positive picture.