Polycab India would be hosting an earnings conference call at 12 pm today, wherein the senior management of the company will discuss financial results for the quarter.
Polycab share price: Polycab India reported a double-digit growth in both profit and revenue for the quarter ended December. The consolidated net profit rose 15.4% year-on-year (YoY) to Rs 413 crore while the consolidated revenue from operations grew nearly 17% YoY to Rs 4,340 crore. Sequentially, the bottomline fell 3% versus Rs 430 crore in Q2FY24, while the topline rose a moderate 3%.
Jindal Stainless Q3: Prabhudas Lilladher (PL) expects to report a profit of Rs 700 crore, up 40.7 per cent over about Rs 500 crore in te same quarter last year. It sees sales rising 8.7 per cent to Rs 9,850 crore for the quarter.
Polycab India Q3: BNP Paribas sees adjusted profit at Rs 447.20 crore, up 25 per cent. It sees sales rising 22 per cent to Rs 4,539.20 crore amid resilience in the demand for cables and wires, both in domestic and international market.