Finolex Cables Q1 FY25 results (Apr–Jun 2024) and concall

Finolex Cables faced a challenging Q1 FY25 characterized by election-related sentiment dampening, extreme summer weather, and significant copper price volatility. While revenues saw a marginal 2% YoY increase, profitability was pressured by price cuts and lower realizations in the communication segment. Management remains focused on long-term growth through substantial capex in E-beam facilities and optic fiber capacity, alongside a push for breakeven in the FMEG business.