← Back to feedRead original →
VERIFIEDET Stocks·positive
Polycab Q1 Results: Profit surges 33% YoY to Rs 797 crore, revenue jumps 39%
AI Summary
- ·Polycab India reported a 33% year-on-year increase in net profit to Rs 797 crore for the first quarter.
- ·Revenue for the quarter saw a significant jump of 39%, attributed to strong demand in wires and cables and FMEG segments.
- ·The company anticipates sustained long-term momentum driven by infrastructure spending, capacity expansion, and distribution growth.