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Polycab India reports 35% rise in Q2 consolidated net profit

18 Oct 2022 Evaluate

Polycab India has reported results for second quarter ended September 30, 2022.

The company has reported rise of 32.70% in its net profit at Rs 262.74 crore for Q2FY23 as compared to Rs 198.00 crore for the corresponding quarter previous year. Total income of the company increased by 8.05% to Rs 3258.67 crore for the quarter under review as compared to Rs 3015.95 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 34.87% in its net profit at Rs 270.45 crore for the quarter under review as compared to Rs 200.52 crore for the same quarter in the previous year. Total consolidated income of the company increased by 9.76% to Rs 3330.14 crore for the quarter under review as compared to Rs 3034.03 crore for the same quarter in the 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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