RR Kabel doubles profit, posts record Q1 revenue
Profit jumps to ₹203.1 crore on strong wires demand; FMEG near breakeven as revenue surges 54%.
— 3 earlier stories on RR Kabel Ltd. →What's new
- Standalone revenue up 54% to ₹3,168.2 cr, a record high.
- PAT at ₹203.1 cr vs ₹88.7 cr, helped by ₹13.8 cr exceptional gain.
- FMEG segment loss narrowed to near zero from ₹7.1 cr loss.
Why this matters
A strong start to FY27 with core Wires & Cables revenue driving the beat. The exceptional gain flatters the bottom line but underlying profit still doubled. With a trailing P/E of 57, the market already priced in this trajectory; the question is sustainability.
What we're watching
- Wires & Cables demand trends for the rest of the year.
- FMEG's path to sustained profitability.
- Any further exceptional items that could distort comparisons.
The full read
RR Kabel posted a record quarter: revenue of ₹3,168.2 crore (up 54%) and PAT of ₹203.1 crore (more than double last year's ₹88.7 crore). The Wires & Cables segment, which accounts for 91% of revenue, delivered ₹2,880 crore in sales and ₹285.4 crore in segment profit. The smaller FMEG business nearly broke even, a sharp improvement from a ₹7.1 crore loss. An exceptional gain of ₹13.8 crore from a labour code reversal added to the net profit.
Even stripping that out, underlying profit rose sharply. But this is a standard quarterly disclosure; the market already saw the numbers through press channels.
At 57 times trailing earnings, the stock already reflects this strength. The real test is whether RR Kabel can sustain this pace.
Questions answered
- What drove the massive profit jump?
- Wires & Cables revenue rose to ₹2,880 crore with segment profit of ₹285.4 crore. A ₹13.8 crore exceptional gain from labour code provision reversal also boosted PAT.
- Is the FMEG business turning around?
- Segment loss before tax narrowed to near zero from ₹7.1 crore a year ago, a meaningful improvement. However, it's not yet profitable.
- Are these results already known to the market?
- Yes. The results were released through press and analyst channels simultaneously with the exchange filing, so the market likely already reflected the numbers.
- How does the valuation look after this quarter?
- The stock trades at a trailing P/E of 57.2, implying high growth expectations. While Q1 was strong, the valuation leaves little room for error.
RR Kabel Ltd.
Latest quarter · Jun 2026
Strength & growth
Story so far
All notes on RRKABEL →- 27 Jul 2026 · 3:05 PM IST RR Kabel doubles profit, posts record Q1 revenue
- 1d ago RR Kabel logs record Q1, eyes double-digit margins
- 1d ago RR Kabel posts record Q1 revenue; profit surges 129%
- 1d ago RR Kabel's Q1 PAT surges 129% to ₹203 cr on record revenue of ₹3,168 cr