KEI Industries Q2 Profit Jumps 29% to Rs 262.45 Crore; Revenue Soars 38.5% to Rs 3,776 Crore, Shares Slip 8%

The wires-and-cables maker posted consolidated PAT of Rs 262.45 crore — yaani Rs 2.62 billion — up 28.96% from Rs 203.51 crore a year ago, on revenue of Rs 3,776.42 crore, yaani Rs 37.76 billion. But margins slipped and the stock fell as much as 7.75% to Rs 3,902.20 on Thursday as profit growth trailed the sharp rise in sales.

Awaaz Punjab Investigations Desk22 October 20263 min readRead in all 3 languages

KEI Industries on Thursday reported a consolidated net profit of Rs 262.45 crore for the second quarter of FY27, up 28.96% year-on-year from Rs 203.51 crore a year earlier, as revenue from operations surged 38.52% to Rs 3,776.42 crore on strong domestic wires-and-cables demand, according to the company's disclosures reported by multiple outlets.

Source: LapaasVoice — KEI Q2 FY27 results, Oct 22, 2026

Despite the headline growth, investors were unimpressed: EBITDA margin narrowed to 10.62% from 11.43% a year earlier, and sequential profit fell 4.26% from the June quarter. Shares tumbled as much as 7.75% to Rs 3,902.20 during Thursday's session on the NSE, as the market judged that profit growth lagged the sharp rise in sales.

Source: DSIJ — KEI Industries share crash analysis, Oct 22, 2026

Key numbers

PAT Rs 262.45 cr (+29% YoY) • Revenue Rs 3,776.42 cr (+38.5% YoY) • EBITDA Rs 401.05 cr • EBITDA margin 10.62% (down from 11.43%) • Wires & cables sales Rs 3,639 cr, domestic Rs 3,184 cr (+45.8%) • Order book ~Rs 5,185 cr

Domestic wires and cables sales jumped 45.76% to Rs 3,184 crore while exports grew 7.27% to Rs 455 crore, and the company reported a pending order book of about Rs 5,185 crore. Management has flagged capacity expansion at Sanand as the lever for restoring margins as copper and aluminium input costs bite.

Sources