Rex Pipes and Cables Reports 23% H1 Revenue Drop, PAT Up 22% YoY

Rex Pipes and Cables Industries Ltd. (RPCIL) [NSE: REXPIPES] has announced its financial results for first half (H1) of FY26.

Rex Pipes and Cables Industries reported a revenue of Rs. 60.69 crore from operation for H1 of FY26 against its Rs. 78.44 crore revenue earned during H1 of FY25, reflecting a Year-over-Year (YoY) decrease of 22.63%. Correspondingly, Rex Pipes and Cables’ Profit after Tax (PAT) during H1 of FY26 stood at Rs. 1.96 crore which is up 21.74% compared to the company’s H1 FY25 PAT of Rs. 1.61 crore.

The company’s Earnings Per Share (EPS) stood at Rs. 2.07 during H1 of FY26 against Rs. 1.70 for H1 of FY25.

On Half year-over-Half year basis (HoH), the company’s revenue increased slightly by 1.30% from Rs. 59.91 crore earned during H2 of FY25. The company’s PAT decreased by 44.16% from Rs. 3.51 crore in H2 of FY25.