Polycab India Q2 FY27 Consolidated Net Profit Rises 42.88% to ₹9,899.97 million
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 15 Oct 2026, 01:05 PM IST · BSE ID: 880e99bc-b13a-435b-901c-3b2bee137437
View Original BSE Filing (PDF)
💡
In Simple Terms
Polycab India's latest earnings show a significant rise in profit and revenue for the recent quarter and half year.
🤖 AI Summary
- Polycab India reported a consolidated net profit of ₹9,899.97 million for the quarter ended September 30, 2026.
- Consolidated revenue from operations for Q2 FY27 stood at ₹98,989.01 million.
- Total consolidated income for the quarter reached ₹99,872.68 million.
- Consolidated profit for the half year ended September 30, 2026, was ₹17,866.51 million.
- The Wires and Cables segment revenue was ₹83,768.41 million for the quarter.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations (Q2 FY27)
98,989.01 million
52.83%
Net Profit (Q2 FY27)
9,899.97 million
42.88%
Revenue from operations (Half Year FY27)
1,81,086.33 million
46.23%
Net Profit (Half Year FY27)
17,866.51 million
38.22%
Wires and Cables Segment Revenue (Q2 FY27)
83,768.41 million
47.19%
FMEG Segment Revenue (Q2 FY27)
9,931.13 million
119.62%
🏢 How This Affects the Company
The increase in revenue from operations to ₹98,989.01 million for the quarter and ₹1,81,086.33 million for the half year indicates expanded market penetration and demand across its segments. The Wires and Cables segment continues to be the largest contributor, with revenue of ₹83,768.41 million for Q2 FY27.
Consolidated net profit increased by 42.88% to ₹9,899.97 million for Q2 FY27. Basic Earnings Per Share (EPS) for the quarter rose to ₹64.87, compared to ₹45.54 in the prior year, reflecting improved profitability on a per-share basis. The company's total comprehensive income for the quarter was ₹9,949.83 million.
Material costs, including cost of materials consumed, purchases of stock-in-trade, and project bought outs, totaled ₹75,623.47 million for the quarter, reflecting the scale of production and project execution. Employee benefits expense was ₹2,656.88 million, indicating ongoing workforce investment.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, as reflected in the basic EPS increasing to ₹64.87 for Q2 FY27 compared to ₹45.54 in Q2 FY26.
🔍
Management Signal
The approval of unaudited financial results by the Board of Directors signals management's continued focus on growth and financial reporting transparency.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 unaudited financial results — observe sustained revenue and profit growth.
Updates on Wires and Cables segment performance — verify continued revenue contribution.
Information on FMEG segment initiatives — assess impact on growth and profitability.
LOW RISK
The financial results indicate strong performance with no specific new risks identified in the filing.
💡 Investor Takeaway
Polycab India reported consolidated net profit of ₹9,899.97 million for Q2 FY27, a 42.88% increase from ₹6,929.59 million in Q2 FY26. Consolidated revenue from operations rose 52.83% to ₹98,989.01 million from ₹64,772.11 million over the same period, demonstrating substantial growth.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated net profit increased by 42.88% to ₹9,899.97 million in Q2 FY27, up from ₹6,929.59 million in Q2 FY26.
- Revenue from operations grew by 52.83% to ₹98,989.01 million in Q2 FY27, compared to ₹64,772.11 million in Q2 FY26.
⚠️ Concerns
- Finance costs increased to ₹936.04 million in Q2 FY27 from ₹484.05 million in Q2 FY26, a 93.38% increase.
- The EPC segment's segment results decreased by 39.29% to ₹443.94 million in Q2 FY27 from ₹729.77 million in Q2 FY26.
📅 Company Track Record
Polycab India's Q1 FY27 consolidated net profit increased by 32.84% to ₹7,966.54 million, as reported on July 16, 2026. For FY26, the company reported revenue of ₹2,88,837.92 million and a net profit of ₹27,084.27 million, indicating a consistent upward trend in financial performance.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Polycab India's consolidated net profit for Q2 FY27?
Polycab India's consolidated net profit for the quarter ended September 30, 2026, was ₹9,899.97 million, a 42.88% increase from ₹6,929.59 million in Q2 FY26.
What was Polycab India's consolidated revenue from operations in Q2 FY27?
The consolidated revenue from operations for Polycab India for the quarter ended September 30, 2026, was ₹98,989.01 million, up 52.83% from ₹64,772.11 million in the prior year.
How did Polycab India's Wires and Cables segment perform in Q2 FY27?
The Wires and Cables segment reported revenue of ₹83,768.41 million for the quarter ended September 30, 2026, marking a 47.19% increase compared to ₹56,911.30 million in Q2 FY26.
What was the total consolidated profit for Polycab India for the half year ended September 30, 2026?
Polycab India's total consolidated profit for the six months ended September 30, 2026, was ₹17,866.51 million, a 38.22% increase from ₹12,926.55 million for the half year ended September 30, 2025.
What were the finance costs for Polycab India in Q2 FY27?
Polycab India's finance costs for the quarter ended September 30, 2026, were ₹936.04 million, an increase of 93.38% from ₹484.05 million in Q2 FY26.
Questions based on this BSE filing only. For information purposes.