Polycab India reports 32% rise in Q4 consolidated net profit

12 May 2023 Evaluate

Polycab India has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported 35.18% rise in its net profit at Rs 432.84 crore for the quarter under review as compared to Rs 320.20 crore for the same quarter in the previous year. Total income of the company increased by 10.08% at Rs 4,341.42 crore for Q4FY23 as compared to Rs 3,943.73 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 31.68% rise in its net profit at Rs 428.42 crore for fourth quarter ended March 31, 2023 as compared to Rs 325.34 crore for the same quarter in the previous year. Total income of the company increased by 9.74% at Rs 4,375.20 crore for Q4FY23 as compared to Rs 3,986.81 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 36.54% rise in its net profit at Rs 1,271.59 crore as compared to Rs 931.27 crore for the previous year. Total income of the company increased by 15.25% at Rs 14,047.65 crore for year under review as compared to Rs 12,188.41 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 39.79% rise in its net profit at Rs 1,282.25 crore as compared to Rs 917.28 crore for the previous year. Total income of the company increased by 15.84% at Rs 14,241.10 crore for year under review as compared to Rs 12,293.68 crore for year ended March 31, 2022.

Polycab India Share Price

7150.90 3.90 (0.05%)
27-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Polycab India 7150.90
KEI Industries 4331.25
RR Kabel Ltd. 1384.15
Sterlite Technologie 115.85
Finolex Cables 1194.10
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.