Polycab Q2 Results: Numbers beat estimates across parameters, margin contraction less than feared

Polycab posted its second‑quarter earnings, with revenue and profit coming in above analysts’ expectations. The company’s EBITDA margin slipped to 14.37% from 15.8% a year earlier, a 150‑basis‑point decline.
The narrower margin drop mattered because analysts had pencilled in a steeper fall, around 13.7% according to a recent poll. The better‑than‑expected profitability suggests the firm managed input costs and pricing better than feared.
Investors will likely focus on whether the margin trend stabilises in the next quarter, how raw‑material price movements affect earnings, and any guidance the company provides for FY2025. Tracking order inflow in the wiring and cable segment will also be key.
Excerpt from CNBC-TV18
Published On Oct 15, 2026 | 13:14 IST Last Updated On Oct 15, 2026 | 13:23 IST Polycab India reported Q2 results exceeding expectations, with net profit surging 42.6% to ₹977 crore and revenue growing 53% to ₹9,899 crore. EBITDA margins contracted by 150 bps to 14.37%, performing better than market fears. Polycab…Read the original at CNBC-TV18
Affected stocks
Bullish1 stockBull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Polycab India (POLYCAB).
- Category: Orders & Deals.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update for Polycab India worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.








