Conference Call with Polycab India Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.
Electrical Equipment/Products company Polycab India announced Q4FY23 & FY23 results: Q4FY23: Revenue at Rs 43,237 million; up 9% YoY EBITDA at Rs 6,032 million; up 27% YoY PAT at Rs 4,284 million; up 32% YoY FY23: Revenue at Rs 1,41,078 million; up 16% YoY EBITDA at Rs 18,429 million; up 46% YoY PAT at Rs 12,823 million; up 52% YoY Commenting on the performance, Inder T. Jaisinghani, Chairman and Managing Director, Polycab India, said: “FY23 was a remarkable year for the Company, as we surpassed revenues of Rs 140 billion and profitability threshold of Rs 10 billion, to record highest ever revenues and PAT in the history of the Company. With robust demand on the anvil, we are confident of exhibiting continued strong growth in the near-to-mid term as well. Continuing to move forward towards adopting best corporate governance practices, we inducted another Independent Director on our Board today. We have also formulated our ESG Framework and Charter, aligned with International ESG protocols and guidelines, which will enable us to build resilience in the business, transform culture and create long-term value for all our stakeholders” Result PDF