{"id":155015,"date":"2023-10-18T09:05:22","date_gmt":"2023-10-18T13:05:22","guid":{"rendered":"https:\/\/44.250.171.167\/?p=155015"},"modified":"2023-10-18T09:05:24","modified_gmt":"2023-10-18T13:05:24","slug":"polycab-india-ltd-q2fy24-59-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/polycab-india-ltd-q2fy24-59-rise-in-profits\/","title":{"rendered":"Polycab India Ltd Q2FY24; 59% rise in Profits"},"content":{"rendered":"\n<p>Polycab is India\u2019s leading manufacturers of cables and wires and allied products such as uPVC conduits and lugs and glands. We have a range of cables and wires for practically every application. More recently Polycab has also launched a wide range of consumer electrical products like Fans, Switches, Switchgear, LED lights and Luminaries, Solar Inverters, and Pumps.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Polycab India Ltd reported Revenues for Q2FY24 of \u20b94,218.00 Crores up from \u20b93,332.00 Crore year on year, a rise of 26.59%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b93,696.00 Crores up from \u20b92,972.00 Crores year on year, a rise of 24.36%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9430.00 Crores up 58.67% from \u20b9271.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b928.37, up 58.40% from \u20b917.91 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-39-839x1024.png\" alt=\"\" class=\"wp-image-155016\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-39-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-39-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-39-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-39-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-39.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/ASAI-Product-2.gif\" alt=\"\" class=\"wp-image-154924\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Polycab is India\u2019s leading manufacturers of cables and wires and allied products such as uPVC conduits and lugs and glands. We have a range of cables and wires for practically every application. More recently Polycab has also launched a wide range of consumer electrical products like Fans, Switches, Switchgear, LED lights and Luminaries, Solar Inverters, [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":155016,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,6351,392],"tags":[10487,12327,11887],"class_list":["post-155015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-consumer-stocks","category-earnings","tag-cables","tag-led-light","tag-wires"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-39.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":169205,"url":"https:\/\/alphastreet.com\/india\/polycab-india-ltd-q1fy26-49-rise-in-profits\/","url_meta":{"origin":155015,"position":0},"title":"Polycab India Ltd Q1FY26; 49% rise in Profits","author":"Chirag Gupta","date":"July 18, 2025","format":false,"excerpt":"Polycab is India\u2019s leading manufacturers of cables and wires and allied products such as uPVC conduits and lugs and glands. We have a range of cables and wires for practically every application. 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We have a range of cables and wires for practically every application. More recently Polycab has also launched a wide range of consumer electrical products like Fans, Switches, Switchgear, LED\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/4-5.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/4-5.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/4-5.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/4-5.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/4-5.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/4-5.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":168959,"url":"https:\/\/alphastreet.com\/india\/polycab-india-ltd-q4fy25-33-rise-in-profits\/","url_meta":{"origin":155015,"position":2},"title":"Polycab India Ltd Q4FY25; 33% rise in Profits","author":"Chirag Gupta","date":"June 30, 2025","format":false,"excerpt":"Polycab is India\u2019s leading manufacturers of cables and wires and allied products such as uPVC conduits and lugs and glands. We have a range of cables and wires for practically every application. 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