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Polycab India shares fall 4% despite strong Q1 earnings, profit jumps 33% YoY
Polycab India shares slipped 4% on Friday despite the company reporting its best-ever first-quarter performance. Q1FY27 net profit rose 33% year-on-year to Rs 797 crore, while consolidated revenue jumped 39% to Rs 8,210 crore. Strong growth in the Wires & Cables and Fast-Moving Electrical Goods (FMEG) businesses drove the robust earnings, even as investors booked profits.
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economictimes.indiatimes.com
Polycab India shares fall 4% despite strong Q1 earnings, profit jumps 33% YoY
Polycab India shares slipped 4% on Friday despite the company reporting its best-ever first-quarter performance. Q1FY27 net profit rose 33% year-on-year to Rs 797 crore, while…
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thehindubusinessline.com
Polycab shares drops 3.8% despite Q1 beats; analysts split on outlook
Shares of Polycab India were under pressure Friday morning, falling ₹351 or 3.81 per cent to ₹8,864 by 11.42 am, as investors appeared to book profits following the stock’s recent…