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 Income | 3,034 | 2,781 | 3,330 | 20% | 10% |
Total Expenses | 2,770 | 2,485 | 2,971 | 20% | 7% |
Profit before tax | 264 | 295 | 358 | 22% | 36% |
Tax | 66 | 72 | 88 | 22% | 33% |
Profit after tax | 198 | 223 | 270 | 21.5% | 37% |
Earnings per share | 13.0 | 14.7 | 17.8 |
Data Source: BSE, Company announcements
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