Polycab India Ltd Q1 FY2023 consolidated PAT slips QoQ to Rs. 219.75 crores

Polycab India Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2780.904 crores during the period ended June 30, 2022 as compared to Rs. 3986.806 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 219.757 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 322.154 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 14.65 for the period ended June 30, 2022 as compared to Rs. 21.48 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 2780.904 crs	₹3986.806 crs	-30.25%
Net Profit	₹219.757 crs	₹322.154 crs	-31.79%
EPS	₹14.65	₹21.48	-31.80%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 2780.904 crores during the period ended June 30, 2022 as compared to Rs.1879.196 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.219.757 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.73.985 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.14.65 for the period ended June 30, 2022 as compared to Rs.4.94 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 2780.904 crs	₹1879.196 crs	47.98%
Net Profit	₹219.757 crs	₹73.985 crs	197.03%
EPS	₹14.65	₹4.94	196.56%

Shares of Polycab India Limited was last trading in BSE at Rs. 2154.00 as compared to the previous close of Rs. 2154.70. The total number of shares traded during the day was 11181 in over 2345 trades.

The stock hit an intraday high of Rs. 2183.65 and intraday low of 2135.00. The net turnover during the day was Rs. 24108165.00.

Source : Equity Bulls

Keywords

PolycabIndia Q1FY23 ResultUpdate