Wires and cables major Polycab India<\/a> on Tuesday reported its best-ever first-quarter revenue and profit even as seasonal pressures resulted in a sharp decline compared to the preceding quarter.

The company’s consolidated topline grew 48% year-on-year but declined 31% quarter-on-quarter to Rs 2,737 crore. Profits tripled on year to Rs 223 crore but were down 32% compared to the previous quarter.

Earnings before interest, tax, depreciation and amortisation (
EBITDA<\/a>) grew by 132% year-on-year to Rs 311 crore. EBITDA was 35% lower than the preceding quarter. EBITDA margin came in at 11.4%.

“Despite some headwinds, this was the best first quarter performance in the history of the company,” Gandharv Tongia, the chief financial officer at
Polycab<\/a> India told ET.

The company has lined up capital expenditure of Rs 300-400 crore for this fiscal year of which about Rs 100 crore were invested during the April-June quarter, Tongia said. The investment will be on setting up new capacities, debottlenecking existing capacities and transitioning the sourcing of some products like switches from vendors to in-house production.

While the prices of copper and aluminium have softened significantly over the past month, Tongia said that there will be no impact on the company’s profitability as it makes price revisions at least once a month. However, softer commodity prices will result in a lower list price of its products, which in turn will impact its top line.

There will also be some inventory rationalisation by dealers when prices correct so sharply, but that would be a short-term impact, he said.

The company’s bread-and-butter
cables and wires business<\/a> grew by 48% year-on-year and accounted for 87% of the total revenue. Meanwhile, its relatively new fast-moving electrical goods business grew by 59%, accounting for 11% of the consolidated top line.

The stock of
Polycab India Ltd<\/a> grew by 4.26% to close at Rs 2,245 on Tuesday. Benchmark Sensex closed 0.45% higher.

<\/p><\/body>","next_sibling":[{"msid":92986417,"title":"Another telecom tariff hike coming in the next 12 to 18 months: Nitin Soni","entity_type":"ARTICLE","link":"\/news\/another-telecom-tariff-hike-coming-in-the-next-12-to-18-months-nitin-soni\/92986417","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"92986057","title":"Polycab India reports its best-ever Q1 earnings","entity_type":"IMAGES","seopath":"markets\/stocks\/earnings\/polycab-india-reports-its-best-ever-q1-earnings","category_name":"Polycab India reports its best-ever Q1 earnings","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-33936\/92986057.cms?width=150&height=112","link":"\/image\/markets\/stocks\/earnings\/polycab-india-reports-its-best-ever-q1-earnings\/92986057"}],"msid":92986488,"entity_type":"ARTICLE","title":"Polycab India reports its best-ever Q1 earnings","synopsis":"The company\u2019s consolidated topline grew 48% year-on-year but declined 31% quarter-on-quarter to Rs 2,737 crore. Profits tripled on year to Rs 223 crore but were down 32% compared to the previous quarter.","titleseo":"telecomnews\/polycab-india-reports-its-best-ever-q1-earnings","status":"ACTIVE","authors":[{"author_name":"Nehal Chaliawala","author_link":"\/author\/479252526\/nehal-chaliawala","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479252526.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479252526,"author_name":"Nehal Chaliawala","author_seo_name":"nehal-chaliawala","designation":"Correspondent","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2022-07-19 20:15:46","lastupd":"2022-07-19 20:18:35","breadcrumbTags":["polycab","telecom equipment","polycab india q1 results","polycab india results","polycab india q1 earnings","polycab india share price","polycab india ltd","polycab india","infrastructure","polycab revenue","ebitda","cables and wires business"],"secinfo":{"seolocation":"telecomnews\/polycab-india-reports-its-best-ever-q1-earnings"}}" data-authors="[" nehal chaliawala"]" data-category-name="" data-category_id="" data-date="2022-07-19" data-index="article_1">

Polycab印度报道其史上最棒的一季度财报

公司的合并营收同比增长48%,但环比下降31%至2737卢比。利润同比增加了两倍,达到了223卢比,但比前一个季度下降了32%。

Nehal Chaliawala
  • 更新于2022年7月19日08:18点坚持

电线和电缆主要Polycab印度最好周二公布了第一季度收入和利润尽管季节性压力导致了比前一季度大幅下降。

公司的合并营收同比增长48%,但环比下降31%至2737卢比。利润同比增加了两倍,达到了223卢比,但比前一个季度下降了32%。

利息、税项、折旧及摊销前收益(息税前利润311卢比)同比增长了132%。息税前利润比前一季度下降了35%。EBITDA利润率为11.4%。

“尽管存在一些不利因素,这是最好的第一季度业绩在公司的历史,“Gandharv Tongia,首席财务官Polycab印度告诉等。

广告
公司已排队资本支出300 - 400卢比的本财政年度的投资大约100卢比在4 - 6月季度,Tongia说。投资将会建立新的能力,已现有能力和过渡等一些产品的采购从供应商切换到内部生产。

虽然铜和铝的价格已经明显软化过去一个月,Tongia说不会影响公司的盈利能力,因为它使价格修正至少每月一次。然而,软商品价格将导致较低的定价的产品,进而将影响其顶线。

时也会有一些经销商库存合理化的大幅价格正确,但这将是一个短期影响,他说。

公司的基本电缆和电线业务同比增长48%,占总收入的87%。与此同时,其相对较新的快速发展的电子产品业务增长了59%,占合并营收的11%。

的股票Polycab印度有限公司增长了4.26%,收于2245卢比。基准Sensex指数收涨0.45%。

  • 发布于2022年7月19日下午15点坚持
是第一个发表评论。
现在评论

加入2 m +行业专业人士的社区

订阅我们的通讯最新见解与分析。乐动扑克

下载ETTelec乐动娱乐招聘om应用

  • 得到实时更新
  • 保存您最喜爱的文章
扫描下载应用程序

Wires and cables major Polycab India<\/a> on Tuesday reported its best-ever first-quarter revenue and profit even as seasonal pressures resulted in a sharp decline compared to the preceding quarter.

The company’s consolidated topline grew 48% year-on-year but declined 31% quarter-on-quarter to Rs 2,737 crore. Profits tripled on year to Rs 223 crore but were down 32% compared to the previous quarter.

Earnings before interest, tax, depreciation and amortisation (
EBITDA<\/a>) grew by 132% year-on-year to Rs 311 crore. EBITDA was 35% lower than the preceding quarter. EBITDA margin came in at 11.4%.

“Despite some headwinds, this was the best first quarter performance in the history of the company,” Gandharv Tongia, the chief financial officer at
Polycab<\/a> India told ET.

The company has lined up capital expenditure of Rs 300-400 crore for this fiscal year of which about Rs 100 crore were invested during the April-June quarter, Tongia said. The investment will be on setting up new capacities, debottlenecking existing capacities and transitioning the sourcing of some products like switches from vendors to in-house production.

While the prices of copper and aluminium have softened significantly over the past month, Tongia said that there will be no impact on the company’s profitability as it makes price revisions at least once a month. However, softer commodity prices will result in a lower list price of its products, which in turn will impact its top line.

There will also be some inventory rationalisation by dealers when prices correct so sharply, but that would be a short-term impact, he said.

The company’s bread-and-butter
cables and wires business<\/a> grew by 48% year-on-year and accounted for 87% of the total revenue. Meanwhile, its relatively new fast-moving electrical goods business grew by 59%, accounting for 11% of the consolidated top line.

The stock of
Polycab India Ltd<\/a> grew by 4.26% to close at Rs 2,245 on Tuesday. Benchmark Sensex closed 0.45% higher.

<\/p><\/body>","next_sibling":[{"msid":92986417,"title":"Another telecom tariff hike coming in the next 12 to 18 months: Nitin Soni","entity_type":"ARTICLE","link":"\/news\/another-telecom-tariff-hike-coming-in-the-next-12-to-18-months-nitin-soni\/92986417","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"92986057","title":"Polycab India reports its best-ever Q1 earnings","entity_type":"IMAGES","seopath":"markets\/stocks\/earnings\/polycab-india-reports-its-best-ever-q1-earnings","category_name":"Polycab India reports its best-ever Q1 earnings","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-33936\/92986057.cms?width=150&height=112","link":"\/image\/markets\/stocks\/earnings\/polycab-india-reports-its-best-ever-q1-earnings\/92986057"}],"msid":92986488,"entity_type":"ARTICLE","title":"Polycab India reports its best-ever Q1 earnings","synopsis":"The company\u2019s consolidated topline grew 48% year-on-year but declined 31% quarter-on-quarter to Rs 2,737 crore. Profits tripled on year to Rs 223 crore but were down 32% compared to the previous quarter.","titleseo":"telecomnews\/polycab-india-reports-its-best-ever-q1-earnings","status":"ACTIVE","authors":[{"author_name":"Nehal Chaliawala","author_link":"\/author\/479252526\/nehal-chaliawala","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479252526.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479252526,"author_name":"Nehal Chaliawala","author_seo_name":"nehal-chaliawala","designation":"Correspondent","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2022-07-19 20:15:46","lastupd":"2022-07-19 20:18:35","breadcrumbTags":["polycab","telecom equipment","polycab india q1 results","polycab india results","polycab india q1 earnings","polycab india share price","polycab india ltd","polycab india","infrastructure","polycab revenue","ebitda","cables and wires business"],"secinfo":{"seolocation":"telecomnews\/polycab-india-reports-its-best-ever-q1-earnings"}}" data-news_link="//www.iser-br.com/news/polycab-india-reports-its-best-ever-q1-earnings/92986488">