Polycab Q2 FY27 earnings call transcript - record revenue and profit
POLYCAB · price
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Polycab India reported record Q2 FY27 results. Revenue grew 53 percent year on year, EBITDA up 39 percent with margins at 14.4 percent. Profit after tax hit record INR 9,900 million, up 43 percent. Wires and Cables grew 47 percent, FMEG surged 124 percent with EBIT margins crossing 10 percent for the first time. Net cash at INR 45.2 billion. Management maintained Project Spring guidance of 11-13 percent Wires and Cables EBITDA margins and 8-10 percent FMEG margins by FY30.
Record quarterly performance with strong growth across segments and robust cash position. Long-term Project Spring guidance maintained. No pricing action despite new competition.