Outcome of the Board Meeting held on 28th May 2026
FINCABLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Finolex Cables Ltd reported strong full-year results for FY 2025-26. Standalone revenue from operations grew 18.8% to Rs 6,321 Crore from Rs 5,319 Crore, while consolidated revenue rose 17.6% to Rs 6,321 Crore from Rs 5,319 Crore. Net Profit After Tax (standalone) increased 14.4% to Rs 622.87 Crore versus Rs 544.40 Crore. Basic EPS improved from Rs 35.60 to Rs 40.73. The Board recommended a dividend of Rs 9 per share (450%), up 12.5% from Rs 8 per share last year. Key leadership changes include elevation of Mr. Mahesh Viswanathan as CEO and appointment of Mr. Sachin Naik as CFO, both effective 1st June 2026. Deloitte Haskins & Sells LLP issued an unmodified (clean) audit opinion on both standalone and consolidated financial statements.
The 18.8% revenue growth and 14.4% PAT growth indicate strong operational performance despite volatile commodity prices and margin pressures. The leadership transition and increased dividend are positive signals for investors. Clean audit opinion confirms financial reporting integrity.