Polycab India, a leading manufacturer of wires and cables, on Thursday reported a 32 per cent growth in net profit at Rs 283.2 crore in the March quarter on higher revenue. Consolidated revenue grew faster at 43 per cent to Rs 3,037.4 crore during the period, the city-headquartered company said in a statement. For the […]
Electrical major Polycab to buyout Ryker from Singapore-based Trafigura
Mumbai (Maharashtra) [India]: Leading electricals brand Polycab India Ltd (PIL) said on Saturday it has signed an agreement with Trafigura Pte Ltd of Singapore to acquire 50 per cent stake in Ryker Base, thereby terminating the existing joint venture (JV). PIL had entered into a 50:50 joint venture with Trafigura in 2016 to incorporate […]
Polycab India hits fresh record high; stock zooms 100% from August low
In the past two months, the stock has rallied 57 per cent after its net profit more-than-doubled to Rs 194 crore in the September quarter (Q2FY20) on the back of strong revenue growth. Shares of Polycab India continued their upward journey, and hit a new high of Rs 1,090.8, up 9.8 per cent on the […]
EQ in conversation with Mr. Anurag Agarwal – President- Strategic Initiatives at Polycab
EQ in conversation with Mr. Anurag Agarwal – President- Strategic Initiatives at Polycab
Polycab Q4 net profit down 27% at Rs 137.25 crore
Mumbai: Wires and cables manufacturer Polycab India Tuesday reported a 27.26 per cent decline in its consolidated net profit to Rs 137.25 crore for the fourth quarter ended March 31, mainly on the back of an increase in expenses. The company, which was listed in April, had reported a net profit of Rs 188.71 crore […]
