Polycab posts 56% profit jump; investors cheer late
Polycab reported a strong Q2 FY26 with net profit rising ~55.65% YoY to ₹693 crore and revenue up ~17.8%. The wires & cables maker benefited from robust infrastructure and industrial demand. The stock saw buying in the final hour, outpacing peers in the industrials space. Analysts say the performance reaffirms confidence in India’s capex revival. Margins and working capital will be watchpoints going forward as cost pressure looms.
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2 days ago
Polycab posts 56% profit jump; investors cheer late
Polycab reported a strong Q2 FY26 with net profit rising ~55.65% YoY to ₹693 crore and revenue up ~17.8%. The wires & cables maker benefited from robust infrastructure and industrial demand. The stock saw buying in the final hour, outpacing peers in the industrials space. Analysts say the performance reaffirms confidence in India’s capex revival. Margins and working capital will be watchpoints going forward as cost pressure looms.
positive
Polycab posts 56% profit jump; investors cheer late
2 days ago
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Polycab’s Q2 profit skyrockets 56%; stock rallies into market close.
Polycab reported a strong Q2 FY26 with net profit rising ~55.65% YoY to ₹693 crore and revenue up ~17.8%. The wires & cables maker benefited from robust infrastructure and industrial demand. The stock saw buying in the final hour, outpacing peers in the industrials space. Analysts say the performance reaffirms confidence in India’s capex revival. Margins and working capital will be watchpoints going forward as cost pressure looms.
Polycab reported a strong Q2 FY26 with net profit rising ~55.65% YoY to ₹693 crore and revenue up ~17.8%. The wires & cables maker benefited from robust infrastructure and industrial demand. The stock saw buying in the final hour, outpacing peers in the industrials space. Analysts say the performance reaffirms confidence in India’s capex revival. Margins and working capital will be watchpoints going forward as cost pressure looms.