Revenue from performance in Q4 increased 25% to Rs. 6,985.7 crore has increased from Rs 5,591.9 crore. Interest, tax, depreciation and earnings before EBITDA increased 34.7% Yoy to Rs. 1,025.7 crore, with EBITDA margins expanded by 110 basis points to 14.7%.
The company’s board also recommended a final dividend of Rs 35 per share for FY 25.
“If approved by members at the next annual General Meeting, Pay will be paid 30 days from the date of the annual General Meeting, or before the date of the annual General Meeting.”
The company’s main wire and cables segment increased the fourth quarter in the fourth quarter, while the business of fast-moving electrical goods (FMEG) has increased a strong 33%. The engineering, procurement and construction (EPC) segment recorded the fastest pace in the March quarter compared to the same quarter of last year.
Polycab’s performance exceeded the street expectations, with 1.6% shares sent to the BSE after the results were announced.
The wire and cables field is under the spotlight after the announcement to enter the space by the UltraTech and Adani group. While concerns about intense competition have emerged, people like Ke Industries have said that the market is so big to accommodate new players.
Also Read: CCL Products Shares Q4 Net Profit increases 16% after yoy
With Polic ABB shares, Pierce KE Industries and Phenolex Cables, rally was on Monday following the enthusiastic results of rival RR Kabel, which increased by more than 15%.
(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
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