RR Kabel Reports Highest Ever Quarterly & Half Yearly Revenue

its Profit After Tax (PAT) is Rs. 49.5 crores

Shreegopal Kabra, MD

FinTech BizNews Service

Mumbai, 25 October, 2024: RR Kabel (RRK), the leading consumer electricals player & strong presence in Fast Moving Electrical Goods (FMEG) has announced its Unaudited Financial Results for the quarter and half year ended on September 30, 2024.

Commenting on the Results, Mr. Shreegopal Kabra, MD said, - “RR Kabel has delivered its highest-ever quarterly and half-yearly revenues, despite overall moderate volume growth. The Wires & Cables business in the domestic market achieved strong double-digit volume growth, while the FMEG segment recorded solid revenue performance, driven by robust volume growth and an improved product mix, maintaining its position as the fastest-growing among peers. Despite challenges like global shipment delays and higher commodity prices, demand has remained stable. Looking ahead, we expect margin improvements in the second half of the year, with our capex plans progressing as scheduled and set for completion by the fiscal year-end. We are also focused on our long-term vision of achieving double-digit EBITDA margins, breakeven in the FMEG segment, capacity expansion, and diversifying into newer and emerging market opportunities”