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Polycab India reports 15% rise in Q3 consolidated net profit

19 Jan 2024 Evaluate

Polycab India has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 28.70% rise in net profit at Rs 459.28 crore for the quarter ended December 31, 2023 as compared to Rs 356.86 crore for the same quarter in the previous year. Total income of the company increased by 23.73% at Rs 4,583.86 crore for Q3FY24 as compared Rs 3,704.62 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 15.35% rise in its net profit at Rs 416.51 crore for Q3FY24 as compared to Rs 361.07 crore for the same quarter in the previous year. Total income of the company increased by 17.49% at Rs 4,411.46 crore for Q3FY24 as compared Rs 3,754.86 crore for corresponding quarter of 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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