Polycab India reports 15% fall in Q2 consolidated net profit

26 Oct 2020 Evaluate

Polycab India has reported results for second quarter ended September 30, 2020.

The company has reported 10.37% rise in its net profit of Rs 212.09 crore for the quarter under review as against net profit of Rs 192.16 crore for the same quarter in the previous year. However, total income of the company decreased 5.67% at Rs 2124.99 crore for Q2FY21 as compared Rs 2252.60 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 14.97% rise in its net profit attributable to equity shareholders at Rs 220.55 crore for the quarter under review as against net profit of Rs 191.83 crore for the same quarter in the previous year. However, total income of the company decreased by 4.79% at Rs 2146.42 crore for Q2FY21 as compared Rs 2254.37 crore for the corresponding quarter previous year.

Polycab India Share Price

7090.20 -26.45 (-0.37%)
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