Polycab India Posts 33% Surge in Q1 FY27 Net Profit, Revenue Rises 39% Amid Strong Business Momentum

The company’s total operating expenses during the quarter increased 12.6% year-on-year to Rs 821.5 crore, compared with Rs 729.6 crore in Q1 FY26.

Polycab India recorded a 32.5% year-on-year growth in EBITDA, which stood at Rs 1,136.2 crore during Q1 FY27. However, EBITDA margin declined by 70 basis points year-on-year to 13.8% during the quarter.

Profit before tax for Q1 FY27 stood at Rs 1,058.2 crore, registering a growth of 32.2% compared with Rs 800.6 crore reported in Q1 FY26.

Inder T. Jaisinghani, Chairman and Managing Director of Polycab India, said the company entered FY2027 with strong momentum, achieving its highest-ever first-quarter revenue and profit performance.

He said the Wires and Cables segment continued its strong growth trajectory, supported by healthy domestic demand and effective operational execution. The Fast-Moving Electrical Goods (FMEG) business delivered an outstanding quarter, strengthening profitability through a strong product portfolio, improved operational efficiencies, and an increasing consumer shift towards premium products.

Jaisinghani further highlighted that the company’s international business remained a key growth driver for the next phase of expansion, supported by a strong order book. He added that the Engineering, Procurement and Construction (EPC) segment continued to maintain a strong position, supported by a healthy order backlog and a strong project execution pipeline.

He said sustained government infrastructure investments and improving project implementation on the ground are expected to create significant growth opportunities for the company. With a strong financial position and continued investments in capacity enhancement, innovation, and distribution expansion, Polycab India remains positioned to strengthen its market leadership and deliver sustainable, industry-leading growth over the long term.

The company’s latest quarterly performance highlights continued business resilience, operational efficiency, and expansion across domestic, international, and infrastructure-focused segments as it moves ahead in FY2027.