Polycab India Q2 Earnings: Net Profit Rises 56%, FMEG Stock Falls Despite Strong Performance

  • Polycab India Q2 net profit rises 55.6% YoY, reaching Rs 693 crore from Rs 445.2 crore in the previous year.

  • Revenue grows 17.8% YoY to Rs 6,477 crore, supported by domestic FMEG growth and international business expansion.

  • FMEG stock slips 4.34%, reflecting market volatility despite strong operational results.

    Polycab India Q2 Earnings Report Highlights Strong Net Profit Growth

    The Polycab India Q2 earnings report revealed a significant increase in net profit, which rose 55.6% YoY to Rs 693 crore, compared with Rs 445.2 crore in the same quarter last year. Analysts attribute this growth to strong sales volumes, efficient cost management, and a balanced focus on domestic and international markets.

    The remarkable rise in Polycab India net profit confirms the company’s robust operational capabilities in the Indian wires and cables sector and signals continued investor confidence in its growth trajectory.


    Polycab India Q2 Revenue Surges 17.8% YoY

    Revenue for the Polycab India Q2 earnings climbed 17.8% YoY to Rs 6,477 crore, driven by high demand in both domestic and international markets. The domestic FMEG segment contributed significantly, showing 14% YoY growth, while international business added 6.5% to total consolidated revenue, reflecting Polycab India’s expanding global footprint.

    The revenue growth underlines the company’s ability to diversify income streams, combining domestic stability with international expansion, further boosting Polycab India net profit for the quarter.


    Polycab India Q2 EBITDA Growth Supports Strong Profitability

    The Polycab India Q2 earnings also highlighted operating EBITDA growth of 61.6% YoY to Rs 1,020.7 crore. PAT margins improved by 260 basis points YoY and 50 basis points QoQ, reaching 10.7%, driven by operational efficiency and higher-margin products.

    The growth in EBITDA and margins is a key factor behind the surge in Polycab India net profit, demonstrating the company’s strong execution in cost management and its ability to convert revenue into profit efficiently.


    Polycab India Q2 FMEG Stock Performance

    Despite strong earnings, Polycab India Q2 earnings saw its FMEG stock decline 4.34% to Rs 7,250, with a turnover of Rs 19.64 crore on 0.26 lakh shares traded. Analysts suggest this drop is largely due to short-term profit booking and market volatility rather than fundamentals.

    Investors focusing solely on stock movement should note the Polycab India net profit growth indicates long-term operational strength and sustainable financial performance.


    Polycab India Q2 International Business Expansion

    The Polycab India Q2 earnings report highlighted continued growth in the international segment, which rose 25% YoY and contributed 6.5% to consolidated revenue. The company’s global expansion strategy is paying off, providing diversified revenue sources and reducing dependence on domestic sales alone.

    With international business growth complementing domestic FMEG performance, Polycab India strengthens its position as a leading wires and cables manufacturer in India and overseas, further driving net profit growth.


    Polycab India Q2 Domestic FMEG Segment Maintains Momentum

    The domestic FMEG segment reported 14% YoY revenue growth, continuing a steady upward trajectory in the electrical goods market. The FMEG business also achieved 16% growth in the first half of FY26, reflecting robust demand for consumer electrical products and Polycab’s strong market positioning.

    This sustained domestic growth has contributed significantly to the Polycab India net profit, highlighting the company’s ability to maintain profitability across its diverse product portfolio.


    Polycab India Q2 Operational Reach and Market Leadership

    Polycab India Limited is the largest manufacturer of wires and cables in India, with 23 manufacturing facilities, over 15 offices, and 25 warehouses across the country. The company’s extensive operational footprint supports its domestic and international business growth, ensuring strong financial performance and consistent Polycab India net profit growth.

    Its leadership in both wires and FMEG products positions Polycab India to capitalize on infrastructure growth and rising consumer demand in India.


    Conclusion: Polycab India Q2 Earnings Reflect Robust Financial Health

    The Polycab India Q2 earnings report shows solid growth in revenue, EBITDA, and net profit, despite short-term FMEG stock volatility. Strong domestic FMEG performance, expanding international business, and operational efficiency underline the company’s long-term growth potential.

    Investors monitoring Polycab India net profit trends can expect sustained profitability, supported by diversified revenue streams and a strong market presence in India’s electricals sector.