Polycab Q2 net profit rises to ₹10 billion.

Polycab India Limited

reported consolidated Q2 net profit of ₹10 billion, up from ₹6.9 billion year-on-year. The figure beat the estimate of ₹8.2 billion. Revenue rose to ₹99 billion from ₹65 billion. EBITDA stood at ₹14.2 billion against ₹10.2 billion. EBITDA margin was 14.37 percent versus 15.76 percent earlier. Higher sales drove the profit jump for the cables firm. Key numbers are Q2 profit of ₹10 billion, revenue of ₹99 billion and EBITDA of ₹14.2 billion. Strong results may support near-term price action. Peers such as KEI Industries, RR Kabel and Havells India could face relative comparison on volume growth. Risks include lower margins or slower demand. Competitors listed: KEI Industries, RR Kabel, Havells India. We have no financial interest in this news.