Polycab’s Q2FY23 Quarter Results

Polycab’s revenues grew 10% YoY
  • 18 Oct 2022
  • Polycab reported 20% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended September (Q2FY23). On a year-on-year (YoY) basis, it witnessed a growth of 10%.
  • Its expenses for the quarter were up by 20% QoQ and 7% YoY.
  • The net profit grew 21.5% QoQ and 37% YoY.
  • The earnings per share (EPS) of Polycab stood at 17.8 during Q2FY23.

Polycab’s Financial Statements for Q2FY23:

(Rs, crores) Q2FY22 Q1FY23 Q2FY23 QoQ (%) QoQ (%)
Total Income3,0342,7813,33020%10%
Total Expenses2,7702,4852,97120%7%
Profit before tax26429535822%36%
Profit after tax19822327021.5%37%
Earnings per share13.014.717.8

Data Source: BSE, Company announcements

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