BAJAJ BROKING

Notification
No new Notification messages
Dhanlaxmi Crop Science IPO is Open!
Apply for the Dhanlaxmi Crop Science IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Polycab Q2 Results FY24-25 Highlights: Revenue Jumps 30%, PAT at ₹445.2 Cr

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00

Synopsis:

Polycab Q2 Earnings: Explore the latest results, news, and key highlights. Get updated on Polycab's financial performance for 2024, including a 30% revenue increase and ₹445.2 crore PAT for Q2 FY24-25.

Polycab India Limited has reported an impressive financial performance for Q2 FY24-25, with consolidated revenue rising by 30% year-on-year (YoY) to ₹5,498.4 crore. The company's profit after tax (PAT) grew by 4% YoY, reaching ₹445.2 crore. These results underscore the company's strong market position and operational efficiency, marking Polycab's highest-ever second-quarter revenue.

Key Highlights/Quick Insights

  • Q2 FY25 Revenue: ₹5,498.4 crore (30% YoY growth)
  • Q2 FY25 PAT: ₹445.2 crore (4% YoY growth)
  • H1 FY25 Revenue: ₹10,196.5 crore (26% YoY growth)
  • H1 FY25 PAT: ₹846.8 crore (2% YoY growth)

Quarterly - Polycab Q2 Results FY24-25

Polycab reported a consolidated revenue of ₹5,498.4 crore for Q2 FY25, reflecting a 30% increase from the same period last year. This strong growth was primarily driven by the company’s wires and cables segment. The EBITDA for the quarter stood at ₹631.6 crore, representing a 4% YoY increase. Despite market challenges, Polycab’s profit after tax (PAT) for the quarter rose by 4% to ₹445.2 crore.

Segment Highlights

Wires and Cables Segment

The Wires and Cables business reported a 23% YoY revenue growth, reaching ₹4,719.7 crore, driven by favorable commodity prices and strong domestic demand.

The international business saw an impressive 36% quarter-on-quarter (QoQ) growth, contributing 6.1% to the overall revenue.

POLYCAB INDIA LIMITED

Trade

7449.9511.55 (0.15 %)

Updated - 10 December 2024
7470.00day high
DAY HIGH
7373.65day low
DAY LOW
233072
VOLUME (BSE)

Fast-Moving Electrical Goods (FMEG) Segment

FMEG revenue surged by 18% YoY to ₹397.5 crore, mainly driven by strategic channel expansions and strong online sales growth, especially in the Fan segment.

Other Businesses

The EPC (Engineering, Procurement, and Construction) business recorded a staggering 241% YoY growth, contributing ₹585.2 crore to the total revenue.

 

Sector Expectations for Polycab Q2 Results FY24-25

Polycab’s results met and exceeded sector expectations, particularly in its wires and cables division, which continues to be a leader in the market. The company's expanding presence in the fast-moving electrical goods (FMEG) space also demonstrates its ability to capture market demand in diverse segments. With increasing demand in the real estate and infrastructure sectors, Polycab is well-positioned for continued growth.

Management Commentary

Mr. Inder T. Jaisinghani, Chairman and Managing Director of Polycab India Limited, expressed confidence in the company’s future growth prospects. He credited the company's outstanding performance to strong market demand, operational efficiency, and Polycab’s ability to execute across all segments. He also highlighted the company's plans to leverage government initiatives and private investments to sustain long-term growth.

Key Financials (Consolidated Figures):

Particulars

Q2 FY25 (₹ in Cr)

Q2 FY24 (₹ in Cr)

H1 FY25 (₹ in Cr)

H1 FY24 (₹ in Cr)

Revenue from Operations

5,498.40

4,217.70

10,196.50

8,107.10

PAT

445.2

429.7

846.8

832.9

Wires and Cables Revenue

4,606.70

3,804.70

8,463.90

7,227.40

FMEG Revenue

397.5

330

767.5

640.9

EPC Revenue

548.8

150

1,030.40

283.5

Conclusion:

Polycab India Limited’s Q2 FY25 results highlight its ability to deliver strong financial performance despite competitive market conditions. With impressive revenue growth and solid profitability, the company is well-positioned to continue its leadership in the electrical goods sector. The continued demand across the wires and cables segment, as well as expansion in FMEG, positions Polycab for sustained growth in the coming quarters.

Source: Polycab Q2 Results FY’24-25 Press Release as Submitted on BSE. 

Check out Polycab's past performances in previous quarters and financial years.  

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs + Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4700+ Cr MTF Book

icon-with-text