POPolycab India542652Wires and cables,

Polycab reported Q results with net profit up 43% and EBITDA margin at 14.4%, beating street estimates, though margins declined YoY due to inability to pass on raw material price hikes

By ScoutQuest · Thu 15 Oct 2026, 1:53 PM IST · 1 min read

Net profit growth

43 percent

EBITDA margin

14.4 percent

Street estimate EBITDA margin

13.7 percent

YoY margin decline

70 basis points

Wire and cable margin

14.2 percent

Heard on business television between 13:53:23 - 13:56:23 IST.

• Net profit surged 43%, mainly due to sharp increase in other income
• EBITDA margins stood at 14.4%, better than street estimate of 13.7%
• Margins fell nearly 70 basis points YoY, led by wire and cable margin decline of about 190-90 basis points to 14.2%
• FMEG margins hit an all-time high this quarter, in line with long-term guidance
• Blended margin decline attributed to inability to pass on RM price hikes and intense competition; stock volatile, down sharply then recovering to around 1% decline

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