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RR KABEL POSTS RECORD Q1 REVENUE, POISED FOR LONG-TERM GROWTH

The Business Guardian

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September 15, 2024

RR Kabel is a 20-yearold wire and cable industry company with 5 manufacturing facilities in the country having been listed on the stock exchanges recently.

- RAJIV KAPOOR

RR KABEL POSTS RECORD Q1 REVENUE, POISED FOR LONG-TERM GROWTH

The company posted Its highest ever quarterly revenue of Rs 1808 crores for Q1 FY25 reflecting a 13% year-onyear growth on the back of higher volume in the wire and cable segment. This was despite extreme heat conditions prevailing in the country, volatility in copper prices, and Lok Sabha elections. EBITDA stood at Rs 95 crores while profit after tax was Rs 64 crores for the first quarter of FY25. The wire and cable segment has been contributing to about 87% of the total revenue with exports contributing to approximately 24% of the total revenue.

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