POLYCAB Q1 FY27 results at a glance
POLYCAB INDIA LIMITED Q1 FY27 key results metrics| Quarter | Q1 FY27 |
|---|
| Quarter ended | 30 Jun 2026 |
|---|
| Revenue | ₹8,210 cr |
|---|
| Revenue YoY | +39.0% |
|---|
| Operating profit | ₹1,033 cr |
|---|
| Operating margin | 12.6% |
|---|
| Net profit | ₹784 cr |
|---|
| Net profit YoY | +32.5% |
|---|
| Net profit QoQ | +1.5% |
|---|
| Net margin | 9.6% |
|---|
| Basic EPS | ₹52.09 |
|---|
| TTM revenue | ₹30,455 cr |
|---|
| TTM net profit | ₹2,771 cr |
|---|
| TTM net margin | 9.1% |
|---|
POLYCAB Q1 FY27 results: what the numbers say
POLYCAB INDIA LIMITED (POLYCAB) has reported its Q1 FY27 results for the quarter ended 2026-06-30. The company posted revenue of ₹8,210 cr and a net profit of ₹784 cr, translating into earnings per share of ₹52.09.
Compared with the same quarter a year earlier, revenue grew strongly by +39.0% and net profit grew strongly by +32.5%. Profit trailing revenue growth suggests costs, interest or tax absorbed part of the topline gain.
Operating profit for the quarter stood at ₹1,033 cr, an operating margin of 12.6% versus 13.1% a year ago — a contraction of 0.5 percentage points.
POLYCAB quarter-wise results table
Revenue
₹8,210 cr
+39.0% YoY
Net profit
₹784 cr
+32.5% YoY
Operating profit
₹1,033 cr
+33.9% 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 |
|---|
| 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 | +6.3% | +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 | — | -18.5% |
| Q4 FY252025-03-31 | ₹6,986 cr | ₹945 cr | ₹727 cr | 13.5% | 10.4% | ₹48.31 | — | — |
| TTM (last 4 quarters) | ₹30,455 cr | ₹3,735 cr | ₹2,771 cr | 12.3% | 9.1% | ₹184.93 | — | — |
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 | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 | Q4 FY252025-03-31 |
|---|
| Revenue / Sales | ₹8,210 cr | ₹8,864 cr | ₹7,475 cr | ₹5,906 cr | ₹6,986 cr |
|---|
| Total expenses | ₹7,176 cr | ₹7,801 cr | ₹6,609 cr | ₹5,134 cr | ₹6,041 cr |
|---|
| Gross profit | ₹1,958 cr | ₹2,078 cr | ₹1,579 cr | ₹1,587 cr | ₹1,780 cr |
|---|
| Operating profit (EBIT) | ₹1,033 cr | ₹1,064 cr | ₹866 cr | ₹772 cr | ₹945 cr |
|---|
| Operating margin | 12.6% | 12.0% | 11.6% | 13.1% | 13.5% |
|---|
| Interest cost | ₹80.02 cr | ₹74.64 cr | ₹57.77 cr | ₹51.26 cr | ₹32.54 cr |
|---|
| Profit before tax | ₹1,058 cr | ₹1,049 cr | ₹842 cr | ₹801 cr | ₹961 cr |
|---|
| Tax expense | ₹262 cr | ₹264 cr | ₹212 cr | ₹201 cr | ₹226 cr |
|---|
| Effective tax rate | 24.7% | 25.1% | 25.2% | 25.1% | 23.5% |
|---|
| Net profit (PAT) | ₹784 cr | ₹773 cr | ₹622 cr | ₹592 cr | ₹727 cr |
|---|
| Net profit margin | 9.6% | 8.7% | 8.3% | 10.0% | 10.4% |
|---|
| Basic EPS | ₹52.09 | ₹52.18 | ₹41.30 | ₹39.36 | ₹48.31 |
|---|
| Diluted EPS | ₹51.94 | ₹52.00 | ₹41.19 | ₹39.21 | ₹48.13 |
|---|
POLYCAB results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 |
|---|
| Revenue YoY | +39.0% | +26.9% | — | — | — |
|---|
| Revenue QoQ | -7.4% | +18.6% | +26.6% | -15.5% | — |
|---|
| Operating profit YoY | +33.9% | +12.5% | — | — | — |
|---|
| Operating profit QoQ | -2.8% | +22.8% | +12.2% | -18.3% | — |
|---|
| Net profit YoY | +32.5% | +6.3% | — | — | — |
|---|
| Net profit QoQ | +1.5% | +24.3% | +5.0% | -18.5% | — |
|---|
| EPS YoY | +32.3% | +8.0% | — | — | — |
|---|
| EPS QoQ | -0.2% | +26.3% | +4.9% | -18.5% | — |
|---|
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 Q1 FY27 came in at ₹8,210 cr against ₹5,906 cr in Q1 FY26, and ₹8,864 cr in the preceding Q4 FY26 quarter.
On a sequential basis revenue declined -7.4%. 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 ₹7,176 cr, or 87.4% of revenue, with operating profit grew +33.9% year on year.
Margins, tax and profitability
Net profit of ₹784 cr works out to a net margin of 9.6% compared with 10.0% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.
Below the operating line, POLYCAB INDIA LIMITED reported profit before tax of ₹1,058 cr, a tax charge of ₹262 cr (effective rate 24.7%), interest cost of ₹80.02 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 ₹773 cr in Q4 FY26 to ₹784 cr in Q1 FY27, a change of +1.5%.
Trailing twelve months and annual context
Across the trailing four quarters POLYCAB INDIA LIMITED has generated revenue of ₹30,455 cr and net profit of ₹2,771 cr, a trailing net margin of 9.1%. 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 sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.
POLYCAB INDIA LIMITED has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
POLYCAB results coverage
No results report published for POLYCAB yet — our desk covers each quarter within minutes of the filing.
More on POLYCAB
POLYCAB quarterly results FAQs
What were POLYCAB INDIA LIMITED (POLYCAB) Q1 FY27 results?
In Q1 FY27 (quarter ended 30 Jun 2026), POLYCAB INDIA LIMITED reported revenue of ₹8,210 cr and net profit of ₹784 cr, a change of +32.5% year on year on +39.0% revenue growth. EPS stood at ₹52.09.
What is POLYCAB profit margin in Q1 FY27?
POLYCAB INDIA LIMITED posted a net profit margin of 9.6% and an operating margin of 12.6% in Q1 FY27. On a trailing twelve-month basis, revenue is ₹30,455 cr and net profit ₹2,771 cr.
Did POLYCAB results beat the previous quarter?
POLYCAB INDIA LIMITED net profit changed +1.5% quarter on quarter, from ₹773 cr in Q4 FY26 to ₹784 cr in Q1 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?
Results coverage for POLYCAB will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the POLYCAB stock page.
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 sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 11 Sept 2026. For information only, not investment advice.
