Polycab India Q1 Results: Net profit advances 32% to ₹784 crore, revenue rises 39%

It had reported a net profit of ₹595.12 crore in the corresponding quarter of the preceding 2025-26 fiscal, the firm said in an exchange filing.

During April-June, the company's revenue from operations rose 39.01% to ₹8,210 crore from ₹5,906 crore in the year-ago quarter.

At an operational level, its EBITDA (earnings before interest, taxes, depreciation, and amortisation) stood at ₹1,136 crore in Q1 FY27, marking a 32.49% surge from ₹858 crore in the June quarter of FY26. The EBITDA margin contracted 0.68% to 13.84% vs 14.52% a year back.

The Mumbai-headquartered company said that its wires & cables business posted a growth of 39% year-on-year (YoY) in the reporting quarter, led by a strong 43% increase in domestic revenues.

The fast-moving electrical goods (FMEG) segment delivered 71% YoY growth. "The EPC business revenues were in line with the timing of the project execution cycle, resulting in an 11% YoY decrease for the quarter," the exchange filing said.

Shares of Polycab India were trading 2.33% lower at ₹9,107 apiece on the National Stock Exchange (NSE) at 2:36 pm.

Commenting on earnings, Inder T Jaisinghani, the company's chairman and managing director, said, "We have entered FY2027 with strong momentum, achieving our highest-ever first-quarter revenue and profit performance. The Wires and Cables segment maintained its robust growth trajectory, supported by healthy domestic demand and effective operational execution. Our FMEG business delivered an outstanding quarter, continuing to strengthen its profitability through a strong product portfolio, enhanced operational efficiencies and a growing shift towards premium products. Our international business continues to be a key driver of the next phase of growth, supported by a strong order book."

Looking ahead, he said that sustained government infrastructure investments and improving on-ground project implementation are likely to create significant growth opportunities.