RR Kabel Limited reports strong performance for Q3 & 9M FY24

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RR Kabel Limited reports strong performance for Q3 & 9M FY24
RR Kabel Limited reports strong performance for Q3 & 9M FY24

Bengaluru, January 31, 2024 – RR Kabel (RRK), the leading consumer electricals player and 5th largest Wires and Cables (W&C) Company in India with over 7% market share (of the branded market) & strong presence in Fast Moving Electrical Goods (FMEG) has announced its Unaudited Financial Results for the quarter ended on December 31, 2023.

Key Financial Highlights

Particulars (Rs. Crs.) Q3 FY24 Q3 FY23 y-o-y Q2 FY24 q-o-q 9M FY24 9M FY23 y-o-y
Revenues 1,633.5 1,479.5 10.4% 1,609.7 1.5% 4,840.5 4,082.7 18.6%
EBITDA 112.6 119.6 -5.8% 121.1 -7.0% 347.3 222.2 56.3%
EBITDA Margins (%) 6.9% 8.1% (119) bps 7.5% (63) Bps 7.2% 5.4% 173 bps
Profit Before Tax 95.9 95.3 0.6% 105.0 -8.7% 300.4 167.7 79.1%
Profit After Tax 71.0 71.4 -0.7% 74.1 -4.2% 219.4 124.6 76.1%
PAT Margins (%) 4.3% 4.8% (48) bps 4.6% (26) bps 4.5% 3.1% 148 bps

 W&C            FMEG

Commenting on the Results, Mr. Shreegopal Kabra, MD said, – “RR Kabel has experienced a promising performance marked by robust sales growth, surpassing industry standards. With a significant presence in the construction and real estate sectors, we are well-aligned with the notable upswing, particularly in the wire and cable industry. The thriving trends in construction, fueled by a housing boom, further underscore the favorable outlook for RR Kabel in the coming

Q3FY23    Q3FY24     9MFY23     9MFY24

Q3FY23     Q3FY24     9MFY23    9MFY24

Q3FY23    Q3FY24    9MFY23    9MFY24