Shares of KEI Industries rallied 6.77% to Rs 5,363.20 during Tuesday’s trading session after the company reported a robust performance for the first quarter of FY27, driven by strong demand in its wires and cables business, improved operating efficiency, and margin expansion.
The company posted a 40% year-on-year (YoY) growth in consolidated net profit, which increased to Rs 274 crore in Q1 FY27 from Rs 196 crore in the same quarter last year. The profit growth was supported by an improvement in profitability, with the profit after tax (PAT) margin expanding to 8.61% in Q1 FY27 from 7.56% in Q1 FY26.
