The company’s net profit rose 34.4% year-on-year to ₹227 crore, compared to ₹168.5 crore in the same quarter last year.
Revenue came in at ₹2,915 crore, registering a 25% growth from ₹2,330 crore a year ago, reflecting strong demand across its cable and wire portfolio.
EBITDA also saw an 18% rise year-on-year to ₹301.3 crore, although operating margins declined slightly to 10.3% from 11% in the corresponding quarter last year.
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The margin compression suggests some input cost pressures or pricing shifts, despite the topline strength. KEI manufactures power cables, specialty cables and stainless steel wires, supplying both to retail and institutional segments.
Ahead of the earnings announcement, shares of KEI Industries ended nearly flat on the BSE, closing at ₹3,197.10, down 0.37%.
