Polycab India Q3 Profit Surges 36% on Strong Wires and Cables Demand
Polycab India reported a 36% rise in consolidated net profit for the third quarter ended December 31, reaching ₹6.22 billion ($68.5 million), up from ₹4.58 billion a year ago. The growth was driven by sustained demand in the company’s core wires and cables segment, supported by strong infrastructure and housing activity across India.
Revenue from operations jumped 46% to ₹76.36 billion, with the wires and cables segment, Polycab’s largest business, contributing ₹68.53 billion—a 54% increase from the same period last year. Analysts highlighted that the company’s 26% market share in this segment has helped maintain pricing power amid rising demand.
The robust performance reflects continued investment in infrastructure by both government and private sectors, along with a resilient real estate market. Polycab’s strong quarterly results place it in line with peers like Havells India and KEI Industries, reinforcing its position in India’s growing electricals and industrial cables industry.
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