Cords Cable Industries Reports Strong Profit Growth Amid Rising Interest Expenses

Cords Cable Industries, a microcap player in the electrical cables sector, has recently undergone a financial trend adjustment reflecting its performance metrics for the quarter ending March 2025. The company reported a notable increase in profit before tax, which reached Rs 5.21 crore, marking a growth of 66.45%. Additionally, net sales hit a record high of Rs 233.24 crore, while profit before depreciation, interest, and tax also reached a peak of Rs 14.73 crore. The profit after tax stood at Rs 4.49 crore, reflecting a growth of 39.0%.
However, the company faces challenges, particularly with interest expenses, which have risen to Rs 7.27 crore. This increase in financial costs may be impacting overall profitability and contributing to the recent evaluation revision.

In terms of market performance, Cords Cable's stock has shown mixed results compared to the Sensex. Over the past week, the stock has declined by 1.40%, while it has outperformed the index over the past month with an 11.00% return. Year-to-date, the stock has underperformed, showing a decline of 7.49%, contrasting with the Sensex's positive return of 4.37%. Over longer periods, Cords Cable has demonstrated significant growth, particularly over three and five years, indicating a strong historical performance despite recent fluctuations.