
Polycab India Ltd shares dropped 7% after the company reported Q3 FY25 revenue of ₹5,226 crore, falling 2% short of analysts’ estimates of ₹5,370 crore. Despite the miss, revenue surged 20.4% YoY from ₹4,340 crore in Q3 FY24, showcasing robust demand across segments.
Key Financial Highlights:
- Revenue from operations: ₹5,226 crore (+20.4% YoY)
- EBITDA: ₹721 crore (+26.5% YoY)
- Net Profit: ₹464.3 crore (+0.7% YoY)
- EBITDA Margin: 13.8% (up 80 bps YoY)
Segment Performance:
- Wires and Cables: Revenue at ₹4,384.63 crore (-7.1% QoQ)
- FMEG: Revenue at ₹423.18 crore (+6.46% QoQ); loss reduced by 49.37%
- Others: Revenue at ₹498.39 crore (-14.83% QoQ)
While the Wires and Cables segment remains the dominant revenue driver, it saw a 7.1% QoQ decline. FMEG exhibited strong growth, improving both revenue and profitability.
Polycab India shares opened at ₹6,597.90 today, reaching a high of ₹6,605.95 before dipping to a low of ₹5,982.00. The stock remains close to its 52-week high of ₹7,605.00, significantly above the 52-week low of ₹4,050.00.
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