Strong export order pipeline to support wires and cable industry in second half of FY27: Kotak
New Delhi, Nov. 12 -- Exports are expected to remain a key growth driver for India's wires and cables W&C) industry in the second half of financial year 2026-27, supported by a substantial order pipeline, even as domestic sales volumes remain subdued and competition intensifies, according to a report by Kotak Institutional Equities.
As per the report, the sector witnessed a 46 per cent year-on-year increase in revenue and a 42 per cent rise in earnings before interest and taxes (EBIT) during the second quarter of financial year 2026-27.
This surge was mainly "led by commodity tailwinds, even as volumes were soft," Kotak said.
However, investor sentiment remained cautious due to several concerns, including lower profit margin expectatio...
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