KEI Industries Ltd has begun trial production in its new greenfield manufacturing facility in Sanand, Ahmedabad, the company informed the exchanges on Monday, December 1.

The plant is part of the company’s ongoing capex plan to expand capacity for low-tension (LT), high-tension (HT) and extra high-voltage (EHV) cables.

The first phase of commissioning covers LT and HT cables, with trial production now underway at the unit located in the Sanand-II Engineering Industrial Estate (GIDC). The company said commercial production is expected to begin by December 10, 2025, following a muhurat puja at the site.

KEI had earlier disclosed the capex plan on July 22 and October 15 this year. The Sanand project is positioned as a key addition to its manufacturing footprint, supporting rising demand for power cables from utilities, infrastructure, and industrial projects.

Last week, KEI Industries CMD Anil Gupta told CNBC TV18 that the company is optimistic about the second half of FY26 and that it is expecting 18-19% growth for the full year, driven by steady demand for wires and cables.

The cable and wire manufacturer reported a 31.3% year-on-year rise in net profit for the September quarter, driven by strong revenue growth and stable operating margins. Its net profit rose to ₹204 crore for Q2, up from ₹155 crore a year earlier.

Revenue from operations climbed 19.4% year-on-year to ₹2,726 crore, compared with ₹2,284 crore in the same period last year. The company’s EBITDA rose 20% to ₹269.1 crore, versus ₹224.4 crore a year ago, while its EBITDA margin came in at 9.9%, nearly flat compared to 9.8% in the year-ago period.

At the end of the first half of the year, KEI’s EBITDA margin stood at 9.9% from 10.2% during the same period last year.

However, the management believes the strong momentum from the first half will continue, supporting their confidence in meeting the year’s guidance without difficulty.

Shares of KEI Industries closed at ₹4,110.40, down 0.85%, ahead of today’s announcement. The stock has dropped 5.61% in the last one year.