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

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

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