Polycab India Ltd posts Rs. 197.92 crore consolidated profit in Q2 FY2021-22

The Board of Directors of Polycab India Limited, at its meeting held today have approved the unaudited Consolidated financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹3155.226 crore, against ₹2146.423 crore in the corresponding quarter of the previous year (YoY) and ₹1905.810 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹197.929 crore, against ₹220.548 crore in the corresponding quarter of the previous year (YoY) and ₹73.985 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹13.19, against ₹14.75 in the corresponding quarter of the previous year (YoY) and ₹4.94 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹3155.226 crs	₹1905.810 crs	65.56%	₹2146.423 crs	47.00%
Net Profit	₹197.929 crs	₹73.985 crs	167.53%	₹220.548 crs	-10.26 %
EPS	₹13.19	₹4.94	167.00%	₹14.75	-10.58%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹5061.036 crore, against ₹3156.646 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹271.914 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹338.15 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹18.11 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹22.62 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹5061.036 crs	₹3156.646 crs	60.33%
Net Profit	₹271.914 crs	₹338.15 crs	-19.59%
EPS	₹18.11	₹22.62	-19.94%

Shares of Polycab India Limited was last trading in BSE at Rs. 2223.80 as compared to the previous close of Rs. 2297.65. The total number of shares traded during the day was 108459 in over 21598 trades.

The stock hit an intraday high of Rs. 2320.00 and intraday low of 2140.65. The net turnover during the day was Rs. 239268537.00.

Source : Equity Bulls

Keywords

PolycabIndia Q2FY22 H1FY22 ResultUpdate