Polycab India shares increased by nearly 3% following the company’s announcement of a 50% year-over-year (YoY) increase in its consolidated net profit for Q1 FY26 (attributable to equity shareholders). The net profit for the June quarter stood at ₹592 crore, compared to ₹396 crore during the same period last year.
Revenue from operations also saw robust growth, climbing 26% YoY to ₹5,906 crore, up from ₹4,698 crore in the previous year’s quarter. However, when compared to the previous quarter, profit after tax (PAT) fell by 19% from ₹727 crore in Q4FY25, and revenue decreased by 15% from ₹6,986 crore reported in the March quarter.
Polycab’s Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) rose by 47.1% to reach ₹858 crore. The EBITDA margins for the quarter improved by more than 200 basis points compared to the same period last year, reaching 14.5%.