Polycab India Share Price
Polycab India Ltd.
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Today’s High
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Open Price
Prev. Close
Volume
Value
Market Cap |
P/E Ratio |
P/B Ratio |
Industry P/E |
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Rs. 42274.25 Cr |
0.00 |
0.00 |
33.02 |
ROE |
EPS (TTM) |
Dividend Yield |
Book Value |
---|---|---|---|
16.51 % |
62.32 |
0.00 % |
411.44 |
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As of 27 Mar`23 the Market Cap of Polycab India Ltd. is 42274.25.
As of 27 Mar`23 the PE is 0.00 and PB is 0.00.
The company witnessed a 9.04% growth in the revenue at Rs. 32604.77 millions for the quarter ended September 2022 as compared to Rs. 29902.21 millions during the year-ago period.A good growth in profit of 32.70% reported to Rs. 2627.42 millions over Rs. 1980.02 millions of corresponding previous quarter.Operating profit for the quarter ended September 2022 rose to 4122.09 millions as compared to 3149.75 millions of corresponding quarter ended September 2021.
(Rs. in Million) |
Quarter ended | Year to Date | Year ended | |||||||
202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
Sales | 32604.77 | 29902.21 | 9.04 | 59592.67 | 48298.71 | 23.38 | 120979.09 | 87363.62 | 38.48 |
Other Income | -18.05 | 257.32 | -107.01 | 424.62 | 520.16 | -18.37 | 905.03 | 1197.21 | -24.41 |
PBIDT | 4122.09 | 3149.75 | 30.87 | 7583.34 | 4699.56 | 61.36 | 13304.88 | 12105.91 | 9.90 |
Interest | 134.00 | 45.67 | 193.41 | 213.93 | 139.47 | 53.39 | 334.20 | 411.23 | -18.73 |
PBDT | 3988.09 | 3104.08 | 28.48 | 7369.41 | 4560.09 | 61.61 | 14213.93 | 11694.68 | 21.54 |
Depreciation | 505.73 | 494.58 | 2.25 | 999.16 | 981.24 | 1.83 | 1965.58 | 1740.09 | 12.96 |
PBT | 3482.36 | 2609.50 | 33.45 | 6370.25 | 3578.85 | 78.00 | 12248.35 | 9954.59 | 23.04 |
TAX | 854.94 | 629.48 | 35.82 | 1558.79 | 848.24 | 83.77 | 2935.63 | 1641.29 | 78.86 |
Deferred Tax | 7.09 | -57.58 | -112.31 | 0.63 | -64.95 | -100.97 | -102.04 | 109.65 | -193.06 |
PAT | 2627.42 | 1980.02 | 32.70 | 4811.46 | 2730.61 | 76.20 | 9312.72 | 8313.30 | 12.02 |
Equity | 1496.51 | 1492.56 | 0.26 | 1496.51 | 1492.56 | 0.26 | 1494.43 | 1491.19 | 0.22 |
PBIDTM(%) | 12.64 | 10.53 | 20.02 | 12.73 | 9.73 | 30.78 | 11.00 | 13.86 | -20.63 |
The company witnessed a 9.04% growth in the revenue at Rs. 32604.77 millions for the quarter ended September 2022 as compared to Rs. 29902.21 millions during the year-ago period.The company has announced a 32.70% increase in its profits to Rs . 2627.42 millions for the quarter ended September 2022 compared to Rs. 1980.02 millions in the corresponding quarter in the previous year.Operating Profit saw a handsome growth to 4122.09 millions from 3149.75 millions in the quarter ended September 2022.
(Rs. in Million) |
Quarter ended | Year to Date | Year ended | |||||||
202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
Sales | 32604.77 | 29902.21 | 9.04 | 59592.67 | 48298.71 | 23.38 | 120979.09 | 87363.62 | 38.48 |
Other Income | -18.05 | 257.32 | -107.01 | 424.62 | 520.16 | -18.37 | 905.03 | 1197.21 | -24.41 |
PBIDT | 4122.09 | 3149.75 | 30.87 | 7583.34 | 4699.56 | 61.36 | 13304.88 | 12105.91 | 9.90 |
Interest | 134.00 | 45.67 | 193.41 | 213.93 | 139.47 | 53.39 | 334.20 | 411.23 | -18.73 |
PBDT | 3988.09 | 3104.08 | 28.48 | 7369.41 | 4560.09 | 61.61 | 14213.93 | 11694.68 | 21.54 |
Depreciation | 505.73 | 494.58 | 2.25 | 999.16 | 981.24 | 1.83 | 1965.58 | 1740.09 | 12.96 |
PBT | 3482.36 | 2609.50 | 33.45 | 6370.25 | 3578.85 | 78.00 | 12248.35 | 9954.59 | 23.04 |
TAX | 854.94 | 629.48 | 35.82 | 1558.79 | 848.24 | 83.77 | 2935.63 | 1641.29 | 78.86 |
Deferred Tax | 7.09 | -57.58 | -112.31 | 0.63 | -64.95 | -100.97 | -102.04 | 109.65 | -193.06 |
PAT | 2627.42 | 1980.02 | 32.70 | 4811.46 | 2730.61 | 76.20 | 9312.72 | 8313.30 | 12.02 |
Equity | 1496.51 | 1492.56 | 0.26 | 1496.51 | 1492.56 | 0.26 | 1494.43 | 1491.19 | 0.22 |
PBIDTM(%) | 12.64 | 10.53 | 20.02 | 12.73 | 9.73 | 30.78 | 11.00 | 13.86 | -20.63 |
The company witnessed a 9.04% growth in the revenue at Rs. 32604.77 millions for the quarter ended September 2022 as compared to Rs. 29902.21 millions during the year-ago period.The company has announced a 32.70% increase in its profits to Rs . 2627.42 millions for the quarter ended September 2022 compared to Rs. 1980.02 millions in the corresponding quarter in the previous year.Operating Profit saw a handsome growth to 4122.09 millions from 3149.75 millions in the quarter ended September 2022.
(Rs. in Million) |
Quarter ended | Year to Date | Year ended | |||||||
202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
Sales | 32604.77 | 29902.21 | 9.04 | 59592.67 | 48298.71 | 23.38 | 120979.09 | 87363.62 | 38.48 |
Other Income | -18.05 | 257.32 | -107.01 | 424.62 | 520.16 | -18.37 | 905.03 | 1197.21 | -24.41 |
PBIDT | 4122.09 | 3149.75 | 30.87 | 7583.34 | 4699.56 | 61.36 | 13304.88 | 12105.91 | 9.90 |
Interest | 134.00 | 45.67 | 193.41 | 213.93 | 139.47 | 53.39 | 334.20 | 411.23 | -18.73 |
PBDT | 3988.09 | 3104.08 | 28.48 | 7369.41 | 4560.09 | 61.61 | 14213.93 | 11694.68 | 21.54 |
Depreciation | 505.73 | 494.58 | 2.25 | 999.16 | 981.24 | 1.83 | 1965.58 | 1740.09 | 12.96 |
PBT | 3482.36 | 2609.50 | 33.45 | 6370.25 | 3578.85 | 78.00 | 12248.35 | 9954.59 | 23.04 |
TAX | 854.94 | 629.48 | 35.82 | 1558.79 | 848.24 | 83.77 | 2935.63 | 1641.29 | 78.86 |
Deferred Tax | 7.09 | -57.58 | -112.31 | 0.63 | -64.95 | -100.97 | -102.04 | 109.65 | -193.06 |
PAT | 2627.42 | 1980.02 | 32.70 | 4811.46 | 2730.61 | 76.20 | 9312.72 | 8313.30 | 12.02 |
Equity | 1496.51 | 1492.56 | 0.26 | 1496.51 | 1492.56 | 0.26 | 1494.43 | 1491.19 | 0.22 |
PBIDTM(%) | 12.64 | 10.53 | 20.02 | 12.73 | 9.73 | 30.78 | 11.00 | 13.86 | -20.63 |
The revenue for the December 2022 quarter is pegged at Rs. 36648.97 millions, about 9.68% up against Rs. 33414.49 millions recorded during the year-ago period.The Company has registered profit of Rs. 3575.98 millions for the quarter ended December 2022, a growth of 5.79% over Rs. 3380.14 millions millions achieved in the corresponding quarter of last year.Operating profit for the quarter ended December 2022 rose to 5345.29 millions as compared to 3770.09 millions of corresponding quarter ended December 2021.
(Rs. in Million) |
Quarter ended | Year to Date | Year ended | |||||||
202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
Sales | 36648.97 | 33414.49 | 9.68 | 96241.64 | 81713.20 | 17.78 | 120979.09 | 87363.62 | 38.48 |
Other Income | 396.07 | 213.50 | 85.51 | 820.69 | 733.66 | 11.86 | 905.03 | 1197.21 | -24.41 |
PBIDT | 5345.29 | 3770.09 | 41.78 | 12928.63 | 8469.65 | 52.65 | 13304.88 | 12105.91 | 9.90 |
Interest | 81.39 | 74.46 | 9.31 | 295.32 | 213.93 | 38.05 | 334.20 | 411.23 | -18.73 |
PBDT | 5263.90 | 4938.88 | 6.58 | 12633.31 | 9498.97 | 33.00 | 14213.93 | 11694.68 | 21.54 |
Depreciation | 507.39 | 498.89 | 1.70 | 1506.55 | 1480.13 | 1.78 | 1965.58 | 1740.09 | 12.96 |
PBT | 4756.51 | 4439.99 | 7.13 | 11126.76 | 8018.84 | 38.76 | 12248.35 | 9954.59 | 23.04 |
TAX | 1180.53 | 1059.85 | 11.39 | 2739.32 | 1908.09 | 43.56 | 2935.63 | 1641.29 | 78.86 |
Deferred Tax | 17.48 | 26.87 | -34.95 | 18.11 | -38.08 | -147.56 | -102.04 | 109.65 | -193.06 |
PAT | 3575.98 | 3380.14 | 5.79 | 8387.44 | 6110.75 | 37.26 | 9312.72 | 8313.30 | 12.02 |
Equity | 1497.07 | 1493.89 | 0.21 | 1497.07 | 1493.89 | 0.21 | 1494.43 | 1491.19 | 0.22 |
PBIDTM(%) | 14.59 | 11.28 | 29.27 | 13.43 | 10.37 | 29.60 | 11.00 | 13.86 | -20.63 |
Polycab India has informed that the Board of Directors of the Company at its meeting held today 18th October 2022, considered and approved the following: Unaudited Standalone and Consolidated Financial Results along with the Limited Review Reports issued by B S R & Co. LLP, Chartered Accountants, Statutory Auditors for the quarter and half year ended 30th September 2022, which have been duly reviewed and recommended by the Audit Committee and Scheme of Amalgamation between Silvan Innovation Labs (‘Wholly-owned Subsidiary’) (Transferor Company) with Polycab India (Transferee Company) which have been duly reviewed and recommended by the Audit Committee. The Board Meeting commenced at 11.45 am and concluded at 2.10 pm. The Unaudited Standalone and Consolidated Financial Results will also be made available on Company’s website: www.polycab.com.
The above information is a part of company’s filings submitted to BSE.
Polycab India has showcased wide range of customized offerings for Defense sector at DEFEXPO
Polycab India is currently trading at Rs. 2740.00, up by 16.85 points or 0.62% from its previous closing of Rs. 2723.15 on the BSE.
The scrip opened at Rs. 2725.00 and has touched a high and low of Rs. 2758.55 and Rs. 2693.80 respectively. So far 77385 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2853.50 on 19-Oct-2022 and a 52 week low of Rs. 2045.00 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 2853.50 and Rs 2632.00 respectively. The current market cap of the company is Rs. 40986.39 crore.
The promoters holding in the company stood at 67.99%, while Institutions and Non-Institutions held 14.74% and 17.27% respectively.
Polycab India (PIL) has showcased its specialized and wide range of customized offerings for the Defense sector at the ongoing DEFEXPO 2022 being held at Gandhinagar, Gujarat. Polycab’s special cables for naval range find multiple uses such as SONAR control system, Radar control system, Torpedo Tube launcher and Gun Control system.
The cables are further available in various forms such as multicore screened, multicore overall screened, multipair individual & collective screened and multicore-screened power. These cables are used in ships for main line power and lighting micro grid circuits.
Polycab India is the largest cables & wires manufacturer. It is also the fastest growing company in the Indian cable industry with consistent growth. The company also in the business segment of EPC, Cables.
Polycab India has informed that the Financial Operation Committee at its meeting held on 07th November 2022, had allotted in aggregate 9,945 equity shares of face value of Rs 10 each to the eligible employees who had exercised their options under Polycab Employee Stock Option Performance Scheme 2018.
The above information is a part of company’s filings submitted to BSE.
Polycab will have now Redington as its National Distributor for its end-to-end passive networking solutions
Polycab India is currently trading at Rs. 2587.95, up by 23.60 points or 0.92% from its previous closing of Rs. 2564.35 on the BSE.
The scrip opened at Rs. 2567.05 and has touched a high and low of Rs. 2593.60 and Rs. 2560.95 respectively. So far 4654 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2853.50 on 19-Oct-2022 and a 52 week low of Rs. 2045.00 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 2593.60 and Rs. 2520.05 respectively. The current market cap of the company is Rs. 38736.87 crore.
The promoters holding in the company stood at 67.97%, while Institutions and Non-Institutions held 16.79% and 15.23% respectively.
Polycab India and Redington have entered into a strategic partnership for Indian market. Polycab will have now Redington as its National Distributor for its end-to-end passive networking solutions. With this tie-up, Polycab’s telecom division, Polycab Telecom looks forward to meet its distribution-objectives and strengthen the presence of its passive networking portfolio, comprising end-to-end copper and fibre system, all across India, capitalizing on Redington’s extensive distribution-network and efficient operational expertise.
In view of the growing demand for connectivity and data-services, the agreement between Polycab and Redington holds huge significance. Renowned for the optimal use of resources to ensure the best-possible results, Redington will enable Polycab to engage with its large chain of Value-Added Distributors (VADs) and drive business through them across different tiers of cities in the country.
Polycab India is the largest cables & wires manufacturer. It is also the fastest growing company in the Indian cable industry with consistent growth. The company also in the business segment of EPC, Cables.
Polycab India has informed that the Financial Operation Committee at its meeting held on 05th December 2022, had allotted in aggregate 25,050 equity shares of face value of Rs 10 each to the eligible employees who had exercised their options under Polycab Employee Stock Option Performance Scheme 2018.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that the meeting with the Institutional Investor / Analyst ‘Batlivala & Karani Securities’ will be held on 13 December 2022 in the form of One to One in Mumbai. The above schedule shall be subject to changes, if any. The above meeting is arranged with the said Investor/Analyst wherein corporate, and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that it enclosed the schedule of meeting with the Institutional Investors / Analysts. The schedule shall be subject to changes, if any. The above meetings are arranged with the said Investors/Analysts wherein corporate and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Total consolidated income of the company increased 10.64% at Rs 3754.86 crore for Q3FY23
Polycab India is currently trading at Rs. 2779.75, down by 49.80 points or 1.76 % from its previous closing of Rs. 2829.55 on the BSE.
The scrip opened at Rs. 2843.00 and has touched a high and low of Rs. 2843.00 and Rs. 2757.65 respectively. So far 20475 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3025.00 on 15-Dec-2022 and a 52 week low of Rs. 2045.00 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 2844.75 and Rs. 2651.15 respectively. The current market cap of the company is Rs. 41718.85 crore.
The promoters holding in the company stood at 67.97%, while Institutions and Non-Institutions held 16.79% and 15.23% respectively.
Polycab India has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported a rise of 5.80% in its net profit at Rs 357.60 crore for the quarter under review as compared to Rs 338.01 crore for the same quarter in the previous year. Total income of the company increased 10.16% at Rs 3704.50 crore for Q3FY23 as compared to Rs 3362.80 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 14.13% in its net profit at Rs 360.83 crore for the quarter under review as compared to Rs 316.16 crore for the same quarter in the previous year. Total income of the company increased 10.64% at Rs 3754.86 crore for Q3FY23 as compared to Rs 3393.65 crore for the corresponding quarter previous year.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that the meeting with the Institutional Investor / Analyst (One To One) to be held on 23rd January 2023 with Zaaba Capital in Mumbai. The above shall be subject to change, if any. The above meeting is arranged with the said Investor/Analyst wherein corporate and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that the company will be attending ‘Axis Capital India Conference 2023’ on 9th February, 2023 in the form of Group Meeting in Mumbai. The above shall be subject to changes, if any. The above meeting is arranged with the said Investor/Analyst wherein corporate and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that the Company will be attending ‘Nuvama India Conference 2023’ on February 10, 2023 in Mumbai in the form of Group Meeting in Mumbai. The above shall be subject to changes, if any. The above meeting is arranged with the said Investor/Analyst wherein corporate and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that the meeting with the Institutional Investor / Analyst ‘British Columbia Investment Management Corporation’ will be held on 17th February 2023 in Mumbai in the form of One to One. The above shall be subject to changes, if any. The above meeting is arranged with the said Investor/Analyst wherein corporate and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that it enclosed the schedule of meetings with the Institutional Investors / Analysts to be held on 22 nd and 23 rd February 2023.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed it enclosed the schedule of meetings with the Institutional Investors / Analysts held on 24th February 2023. The above meetings are arranged with the said Investors/Analysts wherein corporate and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that it enclosed the schedule of meetings with the Institutional Investors / Analysts on 2nd & 3rd March 2023. The above meetings are arranged with the said Investors/Analysts wherein corporate and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that the Institutional Investor / Analysts scheduled on 15th March, 2023 with William Blair in the form of One to One Physical in Mumbai. The above meeting is arranged with the said Investor/Analysts wherein corporate and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that meeting with Institutional Investor / Analyst ‘Matthews Asia’ scheduled on 17th March 2023 at Mumbai in the form of One on One. The above meeting is arranged with the said Investor/Analyst wherein corporate and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that the Institutional Investor / Analyst with ‘Hill Fort Capita’ will be held on 20th March 2023 in Mumba (One on One – Physical). The above meeting is arranged with the said Investor/Analyst wherein corporate and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that the Institutional Investor / Analyst will be held on 23rd March 2023 with Jefferies in Mumbai (One on One Physical). The above meeting is arranged with the said Investor/Analyst wherein corporate and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has informed that the Institutional Investor / Analyst with Sharekhan will be held on 24th March, 2023 in Mumbai in the form of One-on-One Virtual meeting. The above meeting is arranged with the said Investor/Analyst wherein corporate and earnings presentation as hosted on its website and other publicly available information will only be shared and referred.
The above information is a part of company’s filings submitted to BSE.
Polycab India has informed that the Financial Operation Committee at its meeting held on 24th March 2023, had allotted in aggregate 7,763 equity shares of face value of Rs.10 each to the eligible employees who had exercised their options under Polycab Employee Stock Option Performance Scheme 2018.
The above information is a part of company’s filings submitted to BSE.
Quarterly Results
Quarterly Results
Rs.14.0000 per share(140%)Dividend
Audited Results & Dividend
Quarterly Results
Quarterly Results
Quarterly Results
Rs.10.0000 per share(100%)Dividend
Audited Results & Dividend
Total consolidated income of the company increased by 9.76% to Rs 3330.14 crore for Q2FY23
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.
Polycab will have now Redington as its National Distributor for its end-to-end passive networking solutions
Polycab India and Redington have entered into a strategic partnership for Indian market. Polycab will have now Redington as its National Distributor for its end-to-end passive networking solutions. With this tie-up, Polycab’s telecom division, Polycab Telecom looks forward to meet its distribution-objectives and strengthen the presence of its passive networking portfolio, comprising end-to-end copper and fibre system, all across India, capitalizing on Redington’s extensive distribution-network and efficient operational expertise.
In view of the growing demand for connectivity and data-services, the agreement between Polycab and Redington holds huge significance. Renowned for the optimal use of resources to ensure the best-possible results, Redington will enable Polycab to engage with its large chain of Value-Added Distributors (VADs) and drive business through them across different tiers of cities in the country.
Polycab India is the largest cables & wires manufacturer. It is also the fastest growing company in the Indian cable industry with consistent growth. The company also in the business segment of EPC, Cables.
Total consolidated income of the company increased 10.64% at Rs 3754.86 crore for Q3FY23
Polycab India has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported a rise of 5.80% in its net profit at Rs 357.60 crore for the quarter under review as compared to Rs 338.01 crore for the same quarter in the previous year. Total income of the company increased 10.16% at Rs 3704.50 crore for Q3FY23 as compared to Rs 3362.80 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 14.13% in its net profit at Rs 360.83 crore for the quarter under review as compared to Rs 316.16 crore for the same quarter in the previous year. Total income of the company increased 10.64% at Rs 3754.86 crore for Q3FY23 as compared to Rs 3393.65 crore for the corresponding quarter previous year.