R R Kabel Ltd

a It is with deep pride and gratitude that I look back on a year of meaningful transformation.

Dear Stakeholders,

It is with deep pride and gratitude that I look back on a year of meaningful transformation. Amid shifting global and domestic dynamics, we moved forward with clarity, resilience, and a strong sense of purpose, achieving milestones that have strengthened our business and sharpened our direction. These achievements reflect the trust you continue to place in us and the collective effort of our people and partners who have been integral to every step of this journey.

As an exporter of wires & cables to international markets, we remain sharply attuned to the shifting contours of the international economic landscape. The year 2025 has brought heightened volatility, with geopolitical tensions, protectionist policies, and supply chain disruptions shaping trade dynamics across regions. In response, we are actively diversifying our export base, reinforcing supply chain resilience, and investing in product innovation to sustain our competitive edge in an increasingly complex global environment.

Amid these global headwinds,

India continues to demonstrate remarkable economic resilience.

With real GDP growth projected at 6.5% in 2025, the Indian economy is underpinned by strong domestic demand, sustained infrastructure investments, and forward-looking policy initiatives. The country's strategic ambition to position itself as a global manufacturing and export powerhouse is opening new avenues for value creation. At RR Kabel, we are committed to align with the national vision by expanding our domestic capabilities, deepening innovation, and strengthening our contribution to India's industrial and economic growth, while continuing to advance our leadership in the consumer electricals sector.

It gives me great satisfaction to reflect on RR Kabel's performance in FY 2024-25, a year that reinforced our standing as a formidable player in the consumer electricals industry. We delivered our highest-ever consolidated revenue of INR 7,618 Crores, representing a robust year- on-year growth of 15.5%.

This growth was underpinned by strategic clarity, operational rigour, and adaptability in an evolving macro environment. Our core Wires & Cables segment continued to serve as the primary growth driver, benefiting from sustained demand across residential, commercial, and infrastructure segments. The FMEG business also registered healthy progress, with improved market penetration and margin expansion, steadily moving closer to profitability.

On the global front, our footprint strengthened further, particularly in Europe, supported by investments in innovation and compliance with international certifications. With capacity utilisation at peak levels

and a disciplined approach to capital expansion, we are well-positioned to seize emerging opportunities, deepen market leadership, and sustain our growth trajectory in the years ahead.

At RR Kabel, our people are the foundation of our success. It is their dedication, ingenuity, and resilience that have powered our recordbreaking performance in FY 202425. We are proud to continue being recognised as a Great Place to Work, a reflection of our inclusive culture and people-first philosophy. Our commitment remains firm: to foster a workplace that nurtures talent, promotes well-being, and empowers every individual to thrive and grow.

Sustainability remains at the heart of our business strategy.

We are committed to reducing our environmental footprint and enhancing the lives of the communities we serve. We continue to integrate green practices, such as solar rooftop installations and waste minimisation, across our facilities. Through our Mission RRoshani, we are empowering communities by providing education and skills development, reinforcing our commitment to creating a sustainable future while making a positive impact on society and the environment.

As I step down from my role as Executive Chairman, my heart is filled with gratitude for the enduring trust and support of our stakeholders employees, and partners over the years. RR Kabel has always stood for purpose, performance, and progress, and I am confident it will continue to do so under the capable leadership of Shri Ramesh Chandak. With his rich experience and independent perspective, I believe the Company will be well-guided into its next phase. I extend my warmest wishes to him and thank all those who have been part of this remarkable journey.