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18-Jul-2025

Polycab

Confident of sustaining current growth momentum


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Polycab India hosted a conference call on July 18, 2025. In the conference call the company was represented by Gandharv Tongia, Executive Director and Chief Financial Officer and Chirayu Upadhyaya,   Head of Investor Relations

Key takeaways of the call

The Wires and Cables business delivered a strong 31% year-on-year revenue growth in Q1FY26, supported by over 25% volume growth during the quarter. Within this,   domestic Wires and Cables business recorded an impressive 32% year-on-year revenue growth, driven by higher government spending, improved project execution and the favorable impact of rising commodity prices. Notably, cables outpaced wires in terms of year-on-year growth this quarter.

International C&W business grew by 24% year-on-year, albeit on a low base and contributed 5.2% to the consolidated revenue.

Revenue mix of C&W is 73-74% is from cables and  r...



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