This earnings performance is attributable to the equity shareholders of the company.
Revenue from operations also registered healthy growth, rising 26% YoY to Rs 5,906 crore, up from Rs 4,698 crore in the year-ago quarter.
However, on a sequential basis, profit after tax (PAT) declined 19% from Rs 727 crore in Q4FY25, while revenue dipped 15% from Rs 6,986 crore reported in the March quarter.
Operationally, the wire maker reported an improvement in profitability, with PAT margins expanding by 170 basis points YoY to 10.2% in Q1FY26. The company’s EBITDA margin also improved by 210 basis points YoY to 14.5%, supported by strategic pricing, operational efficiency, and a favourable business mix.
Polycab attributed its growth to robust performance in its key Wires & Cables (W&C) segment, along with strong momentum in its Fast-Moving Electrical Goods (FMEG) business.The W&C segment recorded 31% YoY growth, driven by steady demand across core sectors, higher government spending, improved project execution, and rising commodity prices.The domestic business grew 32% YoY, with cables once again outpacing wires in terms of growth.
The company’s international business also showed positive traction, posting 24% YoY growth and contributing 5.2% to total revenue.
On Thursday, Polycab shares closed nearly 1% lower at Rs 6,884.70 on BSE.
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