
Polycab India Reports Highest Ever Q2 & H1 Revenue & Profitability
Polycab India Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company achieved its highest-ever second quarter and half-yearly revenue, EBITDA, and profitability. For H1 FY27, revenue stood at ₹1,81,086 Mn (up 46% YoY), EBITDA at ₹25,587 Mn (up 36% YoY), and PAT at ₹17,867 Mn (up 38% YoY). In Q2 FY27, revenue grew 53% YoY to ₹98,989 Mn, EBITDA increased 39% YoY to ₹14,225 Mn, and PAT rose 43% YoY to ₹9,900 Mn. The strong performance was driven by robust growth in both the Wires & Cables (W&C) business and the Fast-Moving Electrical Goods (FMEG) segment. The W&C business saw a 47% YoY growth, while the FMEG segment more than doubled its revenue (+124% YoY), with EBIT margins surpassing 10% for the first time. The EPC business also showed strong momentum with 53% YoY revenue growth.
Key Highlights
- H1 FY27 Revenue at ₹1,81,086 Mn, up 46% YoY.
- Q2 FY27 Revenue at ₹98,989 Mn, up 53% YoY.
- FMEG segment revenue more than doubled (+124% YoY).
- W&C business revenue grew 47% YoY.
- PAT margins stood at 10.0% for Q2 FY27.
Price Impact
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