Polycab India Ltd consolidated Q3FY23 PAT climbs to Rs. 357.64 crores

Polycab India Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 3754.862 crores during the period ended December 31, 2022 as compared to Rs. 3330.142 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 357.647 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 267.796 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 23.82 for the period ended December 31, 2022 as compared to Rs. 17.84 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹3754.862 crs	₹3330.142 crs	12.75%
Net Profit	₹357.647 crs	₹267.796 crs	33.55%
EPS	₹23.82	₹17.84	33.52%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.3754.862 crores during the period ended December 31, 2022 as compared to Rs.3393.645 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.357.647 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.246.724 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.23.82 for the period ended December 31, 2022 as compared to Rs.21.03 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹3754.862 crs	₹3393.645 crs	10.64%
Net Profit	₹357.647 crs	₹246.724 crs	44.96%
EPS	₹23.82	₹21.03	13.27%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.9865.908 crores during the 9 Months period ended December 31, 2022 as compared to Rs.8306.878 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.845.2 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.514.370 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.56.32 for the 9 Months period ended December 31, 2022 as compared to Rs.39.13 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹9865.908 crs	₹8306.878 crs	18.77%
Net Profit	₹845.2 crs	₹514.370 crs	64.32%
EPS	₹56.32	₹39.13	43.93%

Shares of Polycab India Limited was last trading in BSE at Rs. 2752.70 as compared to the previous close of Rs. 2716.25. The total number of shares traded during the day was 8160 in over 1163 trades.

The stock hit an intraday high of Rs. 2762.75 and intraday low of 2716.30. The net turnover during the day was Rs. 22404150.00.

Source : Equity Bulls

Keywords

PolycabIndia Q3FY23 9MFY23 ResultUpdate