Polycab India has reported robust financial performance for Q2 FY2025, demonstrating significant growth in both revenue and net profit.
- Revenue from Operations:
- Q2 FY2025 stood at ₹5,498.42 crore, up 17% quarter-on-quarter (QoQ) from ₹4,698.04 crore in Q1 FY2025.
- Year-on-year (YoY) growth of 30% from ₹4,217.69 crore in Q2 FY2024.
- Net Profit:
- Q2 FY2025 net profit was ₹445.2 crore, up 3.2% QoQ from ₹416.16 crore in Q1 FY2025.
- Profit is up 3.7%, rising from ₹429 crore to ₹445 crore YoY in Q2 FY2025
Other key highlights –
- W&C business revenue: ₹460.67 crore, up 23% YoY.
- FMEG business revenue: grew 18% YoY.
- International business contributed 6.1% to the overall revenue
Commenting on the performance, Mr. Inder T. Jaisinghani, Chairman and Managing Director of Polycab India Limited, expressed optimism about the company’s sustained growth and robust demand across key markets, supported by favorable government policies and private sector investments.
TOPICS:
Polycab India