Polycab Q1 revenue growth exceeds expectations
after close1 source ↓written by the desknot a recommendation
- YoY
- ₹8,209 cr
- surpassing estimates
- ₹7,902 cr
- EBITDA rose
- 32.5%
- ₹1,136 cr
- contraction in EBITDA
- 70 basis points
Polycab India Ltd. reported Q1 revenue growth of 39% YoY to ₹8,209 cr, surpassing estimates of ₹7,902 cr. EBITDA rose by 32.5% to ₹1,136 cr, exceeding expectations. Despite a 70 basis points contraction in EBITDA margin to 13.8%, the results indicate strong demand in the wires and cables sector. 📈
Not investment advice. For informational purposes only.