KEI Industries begins LT/HT cable production at Sanand-II plant

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CNBC TV18•10-12-2025, 18:57
KEI Industries begins LT/HT cable production at Sanand-II plant
- •KEI Industries commenced the first phase of commercial production for LT and HT cables at its new Sanand-II facility in Ahmedabad on December 10, 2025.
- •This plant is part of the company’s ₹2,000-crore Sanand project, funded through QIP proceeds and internal accruals.
- •The first phase adds 60,732 km of cable capacity annually to meet rising demand from utilities, industrial projects, and infrastructure sectors.
- •For Q2FY26, KEI Industries reported a 31.3% YoY rise in net profit to ₹204 crore and a 19.4% YoY revenue growth to ₹2,726 crore.
- •Shares of KEI Industries closed 3.46% lower at ₹3,932 on the NSE on December 10.
Why It Matters: New KEI plant increases cable supply, addressing market needs.
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