Free Press Journal3h ago

Finolex Cables Q2 FY27 Net Profit Jumps 68% to ₹272.92 Crore as Revenue Rises 65%

AI Market Summary

Finolex Cables' 68% YoY profit jump and 65% revenue growth point to robust Indian cable demand, tied to power and construction capex. The read-through is stock-specific but mildly supportive for industrial metals, especially copper, given cable makers' intensive usage. No broad index or macro implications; copper sentiment may firm modestly at the margin.

Impact level

● Low

Affected assets

NCCOGOLD2USD/USDT+0.32%

AI Insight · NCCOGOLD2USD/USDTAI Insight

▲ Bullish

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Revenue climbed 65% to 2,269.3 hundred million rupees. Earnings per share rose to ₹17.85.

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