Polycab India Ltd has reported financial results for the period ended December 31, 2020.
Financial Results (Q3 FY20-21) - QoQ Comparison
The company has reported total income of Rs.2833.30 crores during the period ended December 31, 2020 as compared to Rs.2146.42 crores during the period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.262.50 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.220.54 crores for the period ended September 30, 2020.
The company has reported EPS of Rs.17.55 for the period ended December 31, 2020 as compared to Rs.14.75 for the period ended September 30, 2020.
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Total Income | ₹ 2833.30 crs | ₹ 2146.42 crs | 32% |
Net Profit | ₹ 262.50 crs | ₹ 220.54 crs | 19.03% |
EPS | ₹ 17.55 | ₹ 14.75 | 18.98% |
Financial Results (Q3 FY20-21) - YoY ComparisonThe company has reported total income of Rs.2833.30 crores during the period ended December 31, 2020 as compared to Rs.2507.65 crores during the period ended December 31, 2019.
The company has posted net profit / (loss) of Rs.262.50 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.218.78 crores for the period ended December 31, 2019.
The company has reported EPS of Rs.17.55 for the period ended December 31, 2020 as compared to Rs.14.67 for the period ended December 31, 2019.
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Total Income | ₹ 2833.30 crs | ₹ 2507.65 crs | 12.99% |
Net Profit | ₹ 262.50 crs | ₹ 218.78 crs | 19.98% |
EPS | ₹ 17.55 | ₹ 14.67 | 19.63% |
Financial Results (9 Months ended FY 20-21) - YoY ComparisonThe company has reported total income of Rs.5989.94 crores during the 9 months period ended December 31, 2020 as compared to Rs.6746.90 crores during the 9 months period ended December 31, 2019.
The company has posted net profit / (loss) of Rs.600.65 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.545.12 crores for the 9 months period ended December 31, 2019.
The company has reported EPS of Rs.40.16 for the 9 months period ended December 31, 2020 as compared to Rs.36.69 for the 9 months period ended December 31, 2019.
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Total Income | ₹ 5989.94 crs | ₹ 6746.90 crs | -11.22% |
Net Profit | ₹ 600.65 crs | ₹ 545.12 crs | 10.19% |
EPS | ₹ 40.16 | ₹36.69 | 9.46% |
Commenting on the performance, Mr. Inder T. Jaisinghani, Chairman and Managing Director, Polycab India Limited, said: "We saw a great all-round performance in Q3 amidst lingering challenges. Business trends continue to improve and demand for B2C products remains buoyant with improving consumer sentiment. Accordingly, our top line has bounced back to growth along with considerable progress in return ratios, cashflow, financial position, distribution expansion and strategic initiatives. The results demonstrate the durability of our business model as well as our strong execution capability. Our relentless focus on providing quality solutions to customers along with strong organisation capabilities will augment Polycabs stature in the 'Electricals' ecosystem and provide a long pathway for profitable growth."
Source : Equity Bulls
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