Stories
KEI Industries Q2 Profit Jumps 29 Percent But Misses Estimates
- •KEI Industries reported a 29.3 percent year-on-year increase in consolidated profit after tax to ₹262.4 crore for the September quarter.
- •Revenue from operations rose 38.52 percent year-on-year to ₹3,776.42 crore, beating CNBC-TV18 poll estimates.
- •EBITDA increased 39.8 percent to ₹376 crore, though it missed the estimated ₹395 crore with a 10 percent margin.
- •The Cables and Wires segment led the growth with revenue jumping 39.72 percent year-on-year to ₹3,668.52 crore.
- •Company shares fell 4.76 percent to ₹4,230.40 following the earnings announcement.
Key Questions Answered
In the September quarter of FY27, KEI Industries reported a 29.3% year-on-year increase in consolidated profit after tax (PAT) to ₹262.4 crore. Meanwhile, revenue from operations rose by 38.52% year-on-year to reach ₹3,776.42 crore.
The Cables & Wires segment served as the primary growth engine for the company, seeing revenue surge by 39.72% year-on-year to ₹3,668.52 crore. Segment profit before tax and interest for this category reached ₹412.91 crore, marking a 43.85% increase from the corresponding period last year.
The EPC Projects segment weighed down performance, registering a pre-tax and interest loss of ₹8.93 crore alongside only a minor 2.18% year-on-year revenue increase to ₹103.56 crore. Following these Q2 results and a miss on EBITDA estimates, KEI Industries shares fell 4.76% to close at ₹4,230.40 on October 21, 2026.
