Polycab India Limited — Investor Meet, 25-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Polycab India Limited reported strong Q2 FY25 results, achieving a consolidated revenue growth of 30% year-on-year, driven by strong demand across all segments. The company anticipates reaching its ₹200 billion revenue target ahead of schedule, with significant growth in the Wires & Cables and FMEG segments. EBITDA increased to ₹4,452 million, with a margin compression attributed mainly to heightened competition in wires. Positive market trends and expected interest rate cuts suggest strong demand momentum for the second half of the year.