RR Kabel posts record Q1 revenue; profit surges 129%
Revenue jumped 54% to ₹3,168 crore in Q1 FY27, with PAT surging 129% to ₹205 crore. Wires and cables led the growth while FMEG hit operational breakeven.
— 3 earlier stories on RR Kabel Ltd. →What's new
- Revenue grew 54% YoY to ₹3,168 crore, a record.
- EBITDA nearly doubled to ₹285 crore; wires and cables margins expanded 230 bps.
- FMEG business achieved operational breakeven for the first time.
Why this matters
The result marks a step-change in execution. The core wires and cables business is firing on volume and mix, while the long-bleeding FMEG segment has finally reached operational breakeven. With a debt-free balance sheet (D/E 0.09), RR Kabel is generating cash from both growth and profitability gains.
What we're watching
- Sustainability of FMEG breakeven and path to full segment profitability.
- Volume momentum in wires and cables given a high base.
- Any pricing pressure in a buoyant cable market.
The full read
RR Kabel just delivered its best quarter ever. Revenue hit ₹3,168 crore in Q1 FY27, up 54% from a year ago. EBITDA nearly doubled to ₹285 crore, and PAT surged 129% to ₹205 crore. The wires and cables segment (the core) grew 57%, with profit more than doubling on volume gains and a 230 bps margin lift from a richer product mix. Just as importantly, the money-losing FMEG business reached operational breakeven, something the company had been chasing for quarters. That is a milestone. With a debt-equity ratio of 0.09, the balance sheet is pristine. The numbers do not disappoint.
Questions answered
- How much did revenue and profit grow in Q1 FY27?
- Standalone revenue rose 54% year-on-year to ₹3,168 crore. Consolidated PAT jumped 129% to ₹205 crore, while operating EBITDA nearly doubled to ₹285 crore.
- What drove the margin expansion in wires and cables?
- The segment posted 57% revenue growth, with profit up 105%. Margins expanded over 230 basis points due to strong volume growth and a favourable product mix.
- Is the FMEG business now profitable?
- The fast-moving electrical goods segment achieved operational breakeven during the quarter. It is not yet fully profitable at the net level, but the milestone reflects progress on premiumisation and cost discipline.
- What is RR Kabel's debt position?
- The company is virtually debt-free, with a debt-to-equity ratio of just 0.09, providing ample financial headroom.
- How does this quarter compare to prior periods?
- This is the highest-ever quarterly revenue for RR Kabel. The trailing twelve-month growth was 33.6% in revenue and 30% in PAT, so Q1's 54% revenue growth marks a significant acceleration.
RR Kabel Ltd.
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All notes on RRKABEL →- 27 Jul 2026 · 3:27 PM IST RR Kabel posts record Q1 revenue; profit surges 129%
- 1d ago RR Kabel logs record Q1, eyes double-digit margins
- 1d ago RR Kabel's Q1 PAT surges 129% to ₹203 cr on record revenue of ₹3,168 cr
- 1d ago RR Kabel doubles profit, posts record Q1 revenue