Polycab India542652Quarterly results

Q2 FY27 results: consolidated revenue ₹ 98,989.01 million, profit ₹ 9,899.97 million

Board approved unaudited interim condensed results for the quarter and half year ended Sep 30, 2026.

By ScoutQuest · Thu 15 Oct 2026, 3:33 PM IST · 2 min read

₹1,81,086.33 MnRevenue from operations, six months ended

Revenue from operations, (consolidated₹98,989.01 Mn

Revenue from operations, (Restated₹64,772.11 Mn

Profit for the period, six months ended₹17,866.51 Mn

Revenue from operations, six months ended ₹1,81,086.33 Mn: Revenue from operations, (consolidated ₹98,989.01 Mn, Revenue from operations, (Restated ₹64,772.11 Mn, Profit for the period, six months ended ₹17,866.51 Mn.

Revenue from operations (Q2): ₹ 98,989.01 million vs ₹ 64,772.11 million a year ago (restated)
Profit for the period: ₹ 9,899.97 million vs ₹ 6,929.59 million
Basic EPS: ₹ 64.87 vs ₹ 45.54

Headline numbers

The Board approved the unaudited interim condensed consolidated financial statements for the quarter and half year ended 30 September 2026. The figures below are consolidated and, where stated, restated for the year-earlier period.

Revenue from operations: ₹ 98,989.01 million for the quarter, against ₹ 64,772.11 million in the same quarter a year earlier (restated).
Profit before tax: ₹ 13,062.20 million, against ₹ 9,210.01 million (restated).
Profit for the period: ₹ 9,899.97 million, against ₹ 6,929.59 million (restated).
Basic EPS: ₹ 64.87 against ₹ 45.54; diluted ₹ 64.78 against ₹ 45.46.
Finance costs: ₹ 936.04 million for the quarter, against ₹ 484.05 million (restated).

Half year picture

Revenue from operations: ₹ 1,81,086.33 million, against ₹ 1,23,831.87 million (restated).
Profit for the period: ₹ 17,866.51 million, against ₹ 12,926.55 million (restated).
Basic EPS: ₹ 116.97 against ₹ 84.90; diluted ₹ 116.67 against ₹ 84.61.

Balance sheet cues

Total assets: ₹ 2,37,951.04 million as at 30 September 2026, against ₹ 2,04,761.90 million as at 31 March 2026.
Inventories: ₹ 69,633.96 million, against ₹ 55,595.98 million.
Acceptances: ₹ 65,560.49 million, against ₹ 42,656.19 million.
Current trade receivables: ₹ 34,592.70 million, against ₹ 37,585.04 million.
Non-current borrowings: ₹ 260.08 million, against ₹ 392.67 million; current borrowings ₹ 855.95 million, against ₹ 932.23 million.
Capital work-in-progress: ₹ 14,007.91 million, against ₹ 11,392.59 million.

Cash flow cues

Net cash generated from operating activities: ₹ 16,708.15 million, against ₹ 17,905.45 million (restated).
Net cash used in investing activities: ₹ 9,508.76 million; net cash used in financing activities ₹ 8,964.28 million, which includes dividends paid of ₹ 7,079.85 million.
Cash and cash equivalents at the end of the period (net of cash credit): ₹ 2,028.17 million, against ₹ 4,469.92 million.

Reviewer's report

The independent review report carries an unmodified conclusion, that is, nothing came to the reviewer's attention suggesting the statements are not prepared in all material respects in accordance with Ind AS 34. It states reliance on other auditors for eight subsidiaries, whose interim financial statements reflect total assets of Rs. 8,821.02 million as at 30 September 2026 and total revenues of Rs. 2,619.84 million for the quarter and Rs. 4,588.09 million for the half year (before consolidation adjustments).

What it means

This is the company's periodic results disclosure, giving reported revenue, profit, earnings per share, balance sheet and cash flow figures for the quarter and half year ended 30 September 2026, along with the terms of the review conclusion. Investors can read the reported numbers alongside the notes to the statements listed in the index for segment, related party, contingent liability and other disclosures.

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