Polycab India Q3 results: PAT rises 11% YoY to Rs 464 cr; stock down over 6%
Polycab India, the country’s largest manufacturer of wires and cables, today announced its results for the third quarter ended December 2024, posting an 11% YoY jump in its PAT at Rs 463.3 crore.
Following the update, Polycab India shares were trading 6.5% lower at Rs 6,137.35 on the BSE.
The company on Wednesday announced its financial results for the third quarter and nine months ended December 31, 2024, reporting its highest-ever revenue, EBITDA, and PAT for both periods.
In the third quarter of FY25, the company's revenue reached Rs 5,226.1crore, marking a 20% YoY growth while the EBITDA for the quarter stood at Rs 719.9 crore, a significant 26% YoY increase.
For the nine months ended December 31, 2024 (9M FY25), the company achieved revenue of Rs 15,422.5 crore, representing a 24% year-on-year (YoY) increase. The EBITDA for the same period grew by 12% YoY, while the PAT was up by 5% YoY.
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