Pursuant to Regulation 30 of SEBI (LODR) Regulation 2015, the Business update is hereby released for Q3 FY26.
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JD Cables reported Q3 FY26 revenue of ₹119.84 Cr, nearly doubling from ₹61.77 Cr in Q3 FY25 (94% YoY growth). For 9M FY26, revenue rose 42.4% to ₹241.10 Cr, driven by strong order inflows from State Electricity Boards and higher plant utilisation. The company won a landmark ₹243.99 Cr EPC contract from Kaushal Engineering for the NH-2 six-laning highway project in Jharkhand, along with an ₹8.81 Cr cable supply order spanning Bihar and Jharkhand. It also acquired land and a building in Dankuni, West Bengal for ₹10.45 Cr to expand capacity into new product lines like HTLS and HT cables. Additionally, the company received an Electrical Contractor License from the West Bengal government, valid for 5 years, enabling it to bid for government and private EPC electrical projects.
The sharp revenue doubling and large new EPC order significantly boost JD Cables' revenue visibility and mark its entry into the EPC infrastructure segment beyond pure cable manufacturing. Capacity expansion and the new contractor license position the company for sustained growth, which is a positive signal for shareholders, though execution risk on the large EPC order remains a key monitorable.