Finolex Cables reported a 67.8% rise in quarterly consolidated profit as its Indian shares pulled back Monday morning after a 19.98% gain during a special Diwali trading session.
Finolex Cables Limited’s board approved unaudited standalone and consolidated results on Nov. 7 for the quarter ended Sept. 30, 2026. Consolidated revenue from operations reached ₹2,269.33 crore, or ₹22.69 billion, compared with ₹1,375.79 crore in the same period a year earlier. That was an increase of 64.9%. Consolidated net profit was ₹272.92 crore, up from ₹162.64 crore.
The filing also lists standalone net profit at ₹286.34 crore, compared with ₹186.89 crore a year earlier. Finolex’s release described that increase as 53%, while the 67.8% profit-growth figure refers to consolidated results. The company’s filing includes limited-review reports from Deloitte Haskins & Sells LLP, dated Nov. 7.
The National Stock Exchange of India scheduled its Nov. 8 Muhurat Trading session for Diwali Laxmi Pujan. Finolex shares closed the special session at ₹1,309, up 19.98% from the previous close of ₹1,091. That ₹1,309 finish became the comparison point for Monday’s market reading.
At 11:14 p.m. ET Sunday (04:14 UTC Monday), equivalent to 9:44 a.m. India Standard Time Monday, Upstox listed the shares at ₹1,256.50, down 4.01% from ₹1,309. The quote was an intraday snapshot, not Monday’s closing price.
Finolex linked higher electrical-segment revenue to increased sales volumes in automotive, agricultural, industrial and solar applications. It also reported higher optical fiber cable volumes and realizations. The company said its new fiber-draw plant, rated at 4 million fiber kilometers, was expected to reach full capacity during FY27.
