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Polycab India reports 20% rise in Q3 consolidated net profit

24 Jan 2022 Evaluate

Polycab India has reported results for third quarter ended December 31, 2021.

The company has reported a rise of 38.45% in its net profit at Rs 338.01 crore for the quarter under review as compared to Rs 244.13 crore for the same quarter in the previous year. Total income of the company increased by 20.97% at Rs 3362.80 crore for Q3FY22 as compared Rs 2779.93 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 19.93% in its net profit at Rs 316.16 crore for the quarter under review as compared to Rs 263.62 crore for the same quarter in the previous year. Total income of the company increased by 22.12% at Rs 3393.65 crore for Q3FY22 as compared Rs 2778.84 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Polycab India 8139.00
KEI Industries 4465.00
RR Kabel Ltd. 2525.30
Finolex Cables 1436.25
Precision Wire India 501.35
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