JD Cables Posts Strong H2 FY26 And FY26 Results

02 Jun 2026 CW Team

JD Cables Limited reported audited results for the half year and full year ended 31 March 2026, posting robust growth driven by demand across infrastructure, industrial and power sectors. For the half year to March 2026 total income rose to Rs 2,437.55 million (mn) from Rs 1,431.83 mn a year earlier, a rise of 70.24 per cent year on year. EBITDA increased to Rs 288.66 mn and profit after tax rose to Rs 197.99 mn in the period, reflecting improved scale and execution.

For the full year to March 2026 total income was Rs 3,651.94 mn, up 45.67 per cent from Rs 2,506.95 mn in the prior year. Annual EBITDA was Rs 481.10 mn and annual profit after tax was Rs 317.25 mn, representing growth of 40.29 per cent and 44.04 per cent respectively. Earnings per share stood at Rs 14.07 compared with Rs 13.31 in the previous year. EBITDA margin for the year was 13.17 per cent and PAT margin was 8.69 per cent.

The company reported an order book of Rs 5,150 million (5.15 bn) as on 31 March 2026, which the management said provides healthy revenue visibility. Net worth increased to Rs 1,462 million (1.462 bn) at year end, while the debt to equity ratio improved to 0.39x from 1.53x a year earlier. The current ratio moved to 2.25x from 1.25x and interest coverage rose to 10.67x from 9.14x. Investments continued in manufacturing infrastructure and working capital.

The company emphasised continued focus on operational efficiency, customer expansion and strengthening business fundamentals to sustain growth. Management stated that improved financial ratios and a stronger balance sheet underpin confidence in future performance, while noting that forward looking statements are subject to risks and uncertainties including government action and economic developments. Corporate communications contact details were provided for investor queries.

Infrastructure Urban

17 Jun 2026

Adani Project to Redevelop Dharavi and Unlock Major Value

The Adani-led Dharavi redevelopment is presented as one of Asia's largest urban renewal schemes and aims to convert the settlement into a smart city precinct and transport hub while rehabilitating 0.125 million (mn) housing units for more than 1.0 mn residents, according to an HSBC report summarising a panel at the Adani Annual Conference 2026. The report frames the initiative as combining large-scale housing provision with planned public amenities and commercial inventory to raise living standards and unlock formal homeownership. HSBC highlights a substantial commercial opportunity with about..

TCS Renews 1.5 Million Sq Ft Chennai Lease Worth Rs 14,200 mn

Tata Consultancy Services (TCS) has renewed a lease for 1.5 million sq ft of office space in Chennai and committed Rs 14,200 million (mn) in rentals over 10 years. The transaction secures a major corporate footprint in the city and reinforces the company's long-term occupancy plans. The renewal aligns with the company's strategy to maintain substantial physical capacity in major regional hubs. The decision follows internal assessments of space utilisation and long-term operational needs.\n\nThe lease renewal covers a substantial campus area and is intended to support the firm's delivery operat..

Embassy Developments Targets Rs 80 bn Pre Sales In FY27

Embassy Developments said it is targeting Rs 80 billion (Rs 80 bn) of pre-sales in 2026-27 as housing demand remains strong across major cities and the company seeks to capitalise on market momentum. The managing director indicated that the firm recorded a 128 per cent rise in sales bookings in 2025-26 to Rs 46.31 bn, which was slightly short of its annual guidance but reflected robust consumer interest. The company reported that demand is particularly resilient for well-designed and high-quality residential properties sold by branded developers with proven execution. The target includes sales..