Polycab: December ’22 Results Update
Moneylife Digital Team 25 January 2023
Polycab reported gross quarterly revenue of Rs3,715 crore, up 11.5% quarter-on-quarter (q-o-q) and 10.17% year-on-year (y-o-y). Operating profit was Rs503 crore—up 17.8% q-o-q and 38.95% y-o-y—and net profit was Rs361 crore—up 33.70% q-o-q and 14.24% y-o-y. The wires & cables segment contributed 87% (40% wires, 60% cables) to gross quarterly revenues, followed by electrical goods (10%)....
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