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18-Oct-2025

Polycab India

C&W demand continued to be strong


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Polycab India hosted a conference call on Oct 17, 2025. In the conference call the company was represented by Inder T Jaisinghani, CMD; GandharvTongia, CFO; Nant Maru, Ex President (Finance) and Chirayu Updadhyaya, Head IR. 

Key takeaways of the call

C&W business: Reported 21%yoy growth for Q2FY26 supported by high teen volume expansion.  The domestic wires and cables business recorded a strong 21%yoy growth despite a high base from the previous year which had witnessed 28% year on year growth.
This performance was driven by higher government spending, improved project execution, and a favorable commodity environment. Both cables and wires performed strongly. Sales across both distribution and institutional channels showed healthy traction, indicating broad-based demand. The continued momentum underscores its strengthened market position and suggests market share gains in the domestic segment during the quarter.

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