POLYCAB INDIA LIMITED Quarterly Results (POLYCAB) — Q2 FY27
POLYCAB INDIA LIMITED reported revenue of ₹9,899 cr and net profit of ₹977 cr in Q2 FY27 (quarter ended 30 Sept 2026). Below is the full quarter-wise results table with revenue, operating profit, margins, tax, EPS and annual history — updated when Yahoo Finance publishes updated financial statements; exchange filings can appear earlier.
POLYCAB INDIA LIMITED (POLYCAB) has reported its Q2 FY27 results for the quarter ended 2026-09-30. The company posted revenue of ₹9,899 cr and a net profit of ₹977 cr, translating into earnings per share of ₹64.87.
Operating profit for the quarter stood at ₹1,311 cr, an operating margin of 13.2%.
POLYCAB quarter-wise results table
Revenue
₹9,899 cr
—YoY
Net profit
₹977 cr
—YoY
Operating profit
₹1,311 cr
—YoY
EPS
₹64.87
—YoY
POLYCAB INDIA LIMITED (POLYCAB) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth
Quarter
Revenue
Operating profit
Net profit
OPM
Net margin
EPS
Profit YoY
Profit QoQ
Q2 FY272026-09-30
₹9,899 cr
₹1,311 cr
₹977 cr
13.2%
9.9%
₹64.87
—
+24.6%
Q1 FY272026-06-30
₹8,210 cr
₹1,033 cr
₹784 cr
12.6%
9.6%
₹52.09
+32.5%
+1.5%
Q4 FY262026-03-31
₹8,864 cr
₹1,064 cr
₹773 cr
12.0%
8.7%
₹52.18
—
+24.3%
Q3 FY262025-12-31
₹7,475 cr
₹866 cr
₹622 cr
11.6%
8.3%
₹41.30
—
+5.0%
Q1 FY262025-06-30
₹5,906 cr
₹772 cr
₹592 cr
13.1%
10.0%
₹39.36
—
—
TTM (last 4 quarters)
₹34,448 cr
₹4,274 cr
₹3,156 cr
12.4%
9.2%
₹210.44
—
—
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
POLYCAB quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
POLYCAB INDIA LIMITED quarterly income statement
Particulars
Q2 FY272026-09-30
Q1 FY272026-06-30
Q4 FY262026-03-31
Q3 FY262025-12-31
Q1 FY262025-06-30
Revenue / Sales
₹9,899 cr
₹8,210 cr
₹8,864 cr
₹7,475 cr
₹5,906 cr
Total expenses
₹8,587 cr
₹7,176 cr
₹7,801 cr
₹6,609 cr
₹5,134 cr
Gross profit
₹2,337 cr
₹1,958 cr
₹2,078 cr
₹1,579 cr
₹1,587 cr
Operating profit (EBIT)
₹1,311 cr
₹1,033 cr
₹1,064 cr
₹866 cr
₹772 cr
Operating margin
13.2%
12.6%
12.0%
11.6%
13.1%
Interest cost
₹93.6 cr
₹80.02 cr
₹74.64 cr
₹57.77 cr
₹51.26 cr
Profit before tax
₹1,306 cr
₹1,058 cr
₹1,049 cr
₹842 cr
₹801 cr
Tax expense
₹316 cr
₹262 cr
₹264 cr
₹212 cr
₹201 cr
Effective tax rate
24.2%
24.7%
25.1%
25.2%
25.1%
Net profit (PAT)
₹977 cr
₹784 cr
₹773 cr
₹622 cr
₹592 cr
Net profit margin
9.9%
9.6%
8.7%
8.3%
10.0%
Basic EPS
₹64.87
₹52.09
₹52.18
₹41.30
₹39.36
Diluted EPS
₹64.78
₹51.94
₹52.00
₹41.19
₹39.21
POLYCAB results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter
Growth
Q2 FY27
Q1 FY27
Q4 FY26
Q3 FY26
Q1 FY26
Revenue YoY
—
+39.0%
—
—
—
Revenue QoQ
+20.6%
-7.4%
+18.6%
+26.6%
—
Operating profit YoY
—
+33.9%
—
—
—
Operating profit QoQ
+26.9%
-2.8%
+22.8%
+12.2%
—
Net profit YoY
—
+32.5%
—
—
—
Net profit QoQ
+24.6%
+1.5%
+24.3%
+5.0%
—
EPS YoY
—
+32.3%
—
—
—
EPS QoQ
+24.5%
-0.2%
+26.3%
+4.9%
—
POLYCAB annual results history
Full-year performance for POLYCAB INDIA LIMITED, useful for reading each quarter in context.
POLYCAB INDIA LIMITED annual income statement
Particulars
FY262026-03-31
FY252025-03-31
FY242024-03-31
FY232023-03-31
Revenue / Sales
₹28,270 cr
₹22,031 cr
₹17,760 cr
₹13,942 cr
Total expenses
₹24,554 cr
₹19,361 cr
₹15,499 cr
₹12,299 cr
Gross profit
₹6,109 cr
₹4,688 cr
₹4,022 cr
₹3,121 cr
Operating profit (EBIT)
₹3,716 cr
₹2,670 cr
₹2,261 cr
₹1,643 cr
Operating margin
13.1%
12.1%
12.7%
11.8%
Interest cost
₹195 cr
₹140 cr
₹91.45 cr
₹44.16 cr
Profit before tax
₹3,613 cr
₹2,701 cr
₹2,359 cr
₹1,707 cr
Tax expense
₹905 cr
₹655 cr
₹556 cr
₹424 cr
Effective tax rate
25.0%
24.3%
23.6%
24.8%
Net profit (PAT)
₹2,672 cr
₹2,020 cr
₹1,784 cr
₹1,271 cr
Net profit margin
9.5%
9.2%
10.0%
9.1%
Basic EPS
₹177.53
₹134.34
₹118.93
₹84.93
Diluted EPS
₹176.95
₹133.80
₹118.49
₹84.66
Revenue trend and demand read-through
Topline for Q2 FY27 came in at ₹9,899 cr, and ₹8,210 cr in the preceding Q1 FY27 quarter.
On a sequential basis revenue grew +20.6%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹8,587 cr, or 86.8% of revenue.
Margins, tax and profitability
Net profit of ₹977 cr works out to a net margin of 9.9%.
Below the operating line, POLYCAB INDIA LIMITED reported profit before tax of ₹1,306 cr, a tax charge of ₹316 cr (effective rate 24.2%), interest cost of ₹93.6 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹784 cr in Q1 FY27 to ₹977 cr in Q2 FY27, a change of +24.6%.
Trailing twelve months and annual context
Across the trailing four quarters POLYCAB INDIA LIMITED has generated revenue of ₹34,448 cr and net profit of ₹3,156 cr, a trailing net margin of 9.2%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹28,270 cr with net profit of ₹2,672 cr and EPS of ₹177.53, versus the prior year where revenue grew +28.3% and profit grew +32.3%.
What to watch in the next POLYCAB quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
No next results date is available in the board-meeting calendar. Statement figures update when Yahoo Finance makes them available; this is not an immediate exchange-filing feed.
Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
What were POLYCAB INDIA LIMITED (POLYCAB) Q2 FY27 results?
In Q2 FY27 (quarter ended 30 Sept 2026), POLYCAB INDIA LIMITED reported revenue of ₹9,899 cr and net profit of ₹977 cr. EPS stood at ₹64.87.
What is POLYCAB profit margin in Q2 FY27?
POLYCAB INDIA LIMITED posted a net profit margin of 9.9% and an operating margin of 13.2% in Q2 FY27. On a trailing twelve-month basis, revenue is ₹34,448 cr and net profit ₹3,156 cr.
Did POLYCAB results beat the previous quarter?
POLYCAB INDIA LIMITED net profit changed +24.6% quarter on quarter, from ₹784 cr in Q1 FY27 to ₹977 cr in Q2 FY27.
When are POLYCAB INDIA LIMITED (POLYCAB) quarterly results?
POLYCAB INDIA LIMITED has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see POLYCAB latest quarterly results?
Our latest POLYCAB results coverage — "Polycab India Limited Q2 FY27 Results: Net Profit ₹965 cr, Revenue from operations ₹9,840 cr" — breaks down revenue, profit, margins and management commentary.
What is POLYCAB INDIA LIMITED annual revenue and profit?
For FY26, POLYCAB INDIA LIMITED reported full-year revenue of ₹28,270 cr and net profit of ₹2,672 cr, with EPS of ₹177.53.
How many quarterly results has POLYCAB declared recently?
Past results dates for POLYCAB will be listed here from the exchange calendar.
Results dates: NSE board-meeting calendar. Financial figures: Yahoo Finance fundamentals, not a direct exchange filing feed. Last successful data fetch 28 Oct 2026. Figures can be delayed; results change only when the provider publishes them. For information only, not investment advice.