Finolex Cables Q3 Profit Jumps 11.4%, Revenue Surges 35.2% Despite Margin Pressure

• Finolex Cables reported an 11.4% YoY growth in net profit, reaching ₹164 crore in Q3.
• Revenue for the quarter surged by 35.2% to ₹1,598.6 crore.
• EBITDA increased by 14.3% to ₹157.5 crore, though EBITDA margin declined to 9.8%.
• Rising metal prices led to five upward revisions in selling prices, increasing overall prices by approximately 12%.
• The company provided ₹6.01 crore for past service cost under employee benefits due to new Labour Codes.