RR Kabel (RRK), the leading consumer electricals player and 5 th largest Wires and Cables (W&C) Company in India with over 7% market share (of the branded market) & strong presence in Fast Moving Electrical Goods (FMEG) has announced its Unaudited Financial Results for the quarter ended on December 31, 2023.
Commenting on the Results, Shreegopal Kabra, MD said, - “RR Kabel has experienced a promising performance marked by robust sales growth, surpassing industry standards. With a significant presence in the construction and real estate sectors, we are well-aligned with the notable upswing, particularly in the wire and cable industry. The thriving trends in construction, fueled by a housing boom, further underscore the favorable outlook for RR Kabel in the coming years”
RRK is one of the leading companies in India’s consumer electrical industry (comprising wires and cables and FMEG) and has an operating history of over 25 years in the country. RRK is the fifth largest player in the branded wires and cables market in India, representing approximately 7% market share by value as of FY23 (vs. 5% in FY15). It is one of India’s largest exporters of wires and cables from India with 9% market share of the exports market (as of FY23). The company had one of the largest networks of electricians – 3,26,214 electricians across India as of Sep’23.