Polycab India has reported results for first quarter ended June 30, 2020.
The company has reported 15.90% fall in its net profit of Rs 112.28 crore for the quarter under review as against Rs 133.51 crore for the same quarter in the previous year. Total income of the company decreased 47.98% at Rs 1026.52 crore for Q1FY21 as compared Rs 1973.25 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 12.57% fall in its net profit attributable to equity shareholders at Rs 117.60 crore for the quarter under review as against Rs 134.51 crore for the same quarter in the previous year. Total income of the company decreased by 49.10% at Rs 1010.22 crore for Q1FY21 as compared Rs 1984.88 crore for the corresponding quarter previous year.
