Polycab India reports Rs. 412.85 crores consolidated PAT in Q3 FY2024

Polycab India Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 4411.457 crores during the period ended December 31, 2023 as compared to Rs. 4253.019 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 412.850 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 425.568 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 27.40 for the period ended December 31, 2023 as compared to Rs. 28.26 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 4411.457 crs	₹4253.019 crs	3.73%
Net Profit	₹412.850 crs	₹425.568 crs	-2.99%
EPS	₹27.40	₹28.26	-3.04%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 4411.457 crores during the period ended December 31, 2023 as compared to Rs.3754.862 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.412.850 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.357.882 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.27.40 for the period ended December 31, 2023 as compared to Rs.23.83 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 4411.457 crs	₹3754.862 crs	17.49%
Net Profit	₹412.850 crs	₹357.882 crs	15.36%
EPS	₹27.40	₹23.83	14.98%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.12614.586 crores during the 9 Months period ended December 31, 2023 as compared to Rs.9865.908 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1238.041 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.845.749 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.82.23 for the 9 Months period ended December 31, 2023 as compared to Rs.56.35 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹12614.586 crs	₹9865.908 crs	27.86%
Net Profit	₹1238.041 crs	₹845.749 crs	46.38%
EPS	₹82.23	₹56.35	45.93%

Shares of Polycab India Limited was last trading in BSE at Rs. 4440.05 as compared to the previous close of Rs. 4339.30. The total number of shares traded during the day was 101445 in over 10400 trades.

The stock hit an intraday high of Rs. 4490.00 and intraday low of 4325.00. The net turnover during the day was Rs. 448868701.00.

Source : Equity Bulls

Keywords

PolycabIndia Q3FY24 9MFY24 ResultUpdate