Polycab’s Q3FY24 Quarter Results
Polycab’s revenue grew 17% YoY
- 18 Jan 2024
- Polycab reported 4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended December (Q3FY24). On a year-on-year (YoY) basis, it witnessed a growth of 17%.
- Its expenses for the quarter were up by 5% QoQ and 18% YoY.
- The net profit de-grew 3.1% QoQ and grew 15% YoY.
- The earnings per share (EPS) of Polycab stood at 27.4 during Q3FY24.
Polycab’s Financial Statements for Q3FY24:
| (Rs crores) | Q3FY23 | Q2FY24 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 3,755 | 4,253 | 4,411 | 4% | 17% |
Total expenses | 3,273 | 3,696 | 3,865 | 5% | 18% |
Profit before tax | 481 | 557 | 546 | -2% | 14% |
Tax | 120 | 127 | 130 | 2% | 8% |
Profit after tax | 361 | 430 | 417 | -3.1% | 15% |
Earnings per share | 23.8 | 28.3 | 27.4 |
Data Source: BSE, Company announcements
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