'
Polycab hosted a conference call on Oct 18, 2024. In
the conference call the company was represented by Inder T. Jaisinghani,
Chairman and Managing Director.
Key takeaways
Strong performance across
businesses helped the Company register its highest ever second quarterly
revenue. Half yearly revenue surpassed the milestone of Rs 100 billion for the
first time ever.
C&W segment revenue
registered 24%YoY growth. Domestic wires and cables business grew 28%
year-over-year, with volume growth of about 15%. Growth in wires has outpaced
the wires business after so many quarters.
Cables contributed 75% of the
segment revenue and wires 25%. Contribution from the international C&W business
to the consolidated revenue stood at 6.1% for the quarter and 5.7% for H1FY25.
C&W segment margins have
contracted by 230 bps y-o-y to 12.3% on
account of high intensity of competition i...
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