• Polycab reported 30% quarter-on-quarter (QoQ) decline in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 48%.
  • Its expenses for the quarter were down by 30% QoQ and up by 40% YoY.
  • While the net profit decreased by 32% QoQ, it grew by 202% on a YoY basis.
  • The earnings per share (EPS) of Polycab stood at 14.7 during Q1FY23.

Polycab India Financial Statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income 1,879 3,987 2,781 -30% 48%
Total Expenses 1,780 3,556 2,485 -30% 40%
Profit before tax 97 430 295 -31% 204%
Tax 23 105 72 -31% 210%
Profit after tax 74 325 223 -32% 202%
Earnings per share 4.8 21.5 14.7    

Data Source: BSE, Company announcements

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