RR Kabel Limited Reports Highest Ever Quarterly Revenue

City Air News Jul 31, 2024 02:19 0

Mumbai, July 30, 2024: RR Kabel (RRK), the leading consumer electricals player & strong presence in Fast Moving Electrical Goods (FMEG) has announced its Unaudited Financial Results for the quarter ended on June 30, 2024.

Commenting on the Results, Shreegopal Kabra, MD said, - “We are pleased to report our highest ever quarterly revenue, driven by strong volumes in both our wires and cable domestic businesses and FMEG business, despite the challenges posed by elections and heatwaves. This achievement highlights our solid position in the industry. We remain committed to our growth in FY25, while continuing to focus on sustaining margins amidst volatile copper prices. The outlook remains strong with government capital expenditure and a resilient residential sector. Our FMEG segment also saw significant growth due to our strategic decisions. We continue to focus and accelerate on expanding capacity, targeting high-margin products, and implementing strategic initiatives to lead us in FY25.”