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18-Jan-2026

Polycab India

Net up 36% on higher sales


'Consolidated net sales (including other operating income) of Polycab India for the quarter ended Dec 2025 has increased 46.12% to Rs 7636.13 crore.  The strong growth was driven by robust execution in our Wires & Cables (W&C) business, supported by healthy growth momentum in our Fast-Moving Electrical Goods (FMEG) business.  Operating profit margin has declined from 13.78% to 12.65%, leading to 34.19% rise in operating profit to Rs 966.07 crore.  


Raw material cost as a % of total sales (net of stock adjustments) increased from 68.02% to 71.85%.   Purchase of finished goods cost fell from 2.98% to 1.36%.   Employee cost decreased from 3.56% to 3.01%.   Other expenses fell from 12.54% to 11.50%.   Selling and administration expenses rose from 0.67% to 1.16%.   Freight charges fell from 1.65% to 1.59%.   Other direct service cost fell from 4.90% to 2.89%.   



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