Polycab India542652Wires and cables,
Polycab posted strong Q2 revenue growth of 52% driven by copper pricing, but margins contracted and stock valuation has come down after Ultratech's entry into wires and cables
By ScoutQuest · · 1 min read
- Revenue growth
- 52 percent
- EBITDA growth
- 39 percent
- Margin this quarter
- 14.4 percent
- Margin year ago
- 15.8 percent
- Profit growth
- 42 percent
Heard on business television between 15:19:58 - 15:22:58 IST.
- Revenue up 52% aided by copper pricing and value growth
- EBITDA up 39%, margins came in at 14.4% versus 15.8% last year
- Profit up 42%
- Wires and cable revenue rose to about 8,300 crore versus 5,700 crore a year earlier
- FMEG/electronic goods business revenue doubled
- Valuation has corrected after Ultratech's entry into wires and cables segment, to be discussed in concall
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Source: Live TV News Channel · 15 Oct 2026
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