Polycab India Limited announced a robust Q1 FY27 performance, with consolidated net profit surging by 32.8% to ₹796.65 crore and revenue climbing 39% to ₹8,209.73 crore. This strong growth was driven by both its Wires & Cables and Fast-Moving Electrical Goods (FMEG) segments.
32.8%
Net Profit Growth (YoY)
₹ Crore (Q1 FY26): 599.70→32.8%
📊 One chart explains it
Polycab India Q1 Revenue (₹ Crore)
Takeaway: Polycab India has shown consistent revenue growth, with a significant jump in Q1 FY27 compared to previous years.
⏳ Time Machine
How today’s news fits into the bigger picture
FY2020-21
COVID-19 Impact and Recovery
Like many industries, Polycab faced disruptions during the initial phases of the COVID-19 pandemic, followed by a strong recovery as economic activity resumed and pent-up demand was released. The company adapted its supply chains and distribution.
Early 2020s
Launch of 'Project Spring'
Polycab initiated 'Project Spring,' a strategic initiative focused on enhancing operational efficiency, expanding market reach, and achieving ambitious margin targets in the FMEG segment, aiming for 8-10% EBITDA margins by FY30.
FY2025-26
Strong Previous Fiscal Year Performance
Polycab India maintained robust growth, with a net profit of ₹599.70 crore and revenue of ₹5,905.98 crore in Q1 FY26. This laid the foundation for the current year's growth.
June 30, 2026
Q1 FY27 End
The first quarter of the current fiscal year concluded, marking the period for which Polycab reported its record profit and revenue figures. The results were announced on July 16, 2026.
July 17, 2026
Shares See Slight Dip Post-Results
Despite the strong earnings report, Polycab India's shares saw a slight dip of around 4% in early trading, as investors booked profits and considered the implications of price-led growth over volume.
Today
Polycab India reported a 32.8% YoY profit increase and 39% revenue growth for Q1 FY27.
What happens next?
Analysts will monitor Polycab's volume growth and commodity price trends in the next quarters for sustainable earnings momentum.
Polycab India posted its highest-ever first-quarter profit and revenue for the period ending June 30, 2026. Consolidated net profit rose to **₹796.65 crore**, a 32.8% increase year-on-year, while consolidated revenue from operations grew by 39% to **₹8,209.73 crore**. The company’s largest segment, Wires & Cables, saw revenue grow by 37.7% to ₹7,201.79 crore, largely due to strong domestic demand. The Fast Moving Electrical Goods (FMEG) business also recorded an impressive 71% year-on-year revenue growth. Despite these strong numbers, overall volume growth in the Wires & Cables segment was in the low-to-mid single digits, with much of the revenue increase attributed to higher commodity prices.
💭 If you're wondering…
Wires & Cables are core electrical products used in infrastructure and construction. FMEG (Fast Moving Electrical Goods) include consumer-facing products like fans, lighting, switches, and home appliances.
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