Q3 results: Jaisinghani brothers elevated to Joint Managing Director
POLYCAB · price
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Q3 FY26 results cleared with unmodified auditor opinion. Consolidated Q3 net profit Rs 6,165.73 million on income of Rs 76,865.84 million. 9M FY26 net profit Rs 25,637.87 million. Board re-appointed Manju Agarwal as Independent Director for second term and redesignated promoter family members Bharat and Nikhil Jaisinghani as Joint Managing Directors for 5 years from May 13, 2026, pending shareholder approval.
Strong Q3 earnings support positive view; family-led leadership consolidation signals continuity but may raise governance concerns among minority shareholders.