Polycab India Ltd. , a leading manufacturer of wires and cables, has announced its unaudited financial results for the quarter and half year ended September 30, 2025, showcasing substantial growth across key financial metrics.

Financial Highlights

For the six-month period, consolidated revenue reached ₹123,831.87 million compared to ₹101,964.53 million in the previous year.

Segment-wise Performance

Wires & Cables Segment

The Wires & Cables segment, Polycab's core business, generated ₹56,911.30 million in Q2 revenue.

FMEG Business

The Fast-Moving Electrical Goods (FMEG) segment contributed ₹4,521.84 million to the quarterly revenue.

EPC Segment

The Engineering, Procurement, and Construction (EPC) segment reported revenue of ₹4,023.90 million for the quarter.

Key Financial Metric

Earnings per share (basic) stood at ₹45.54 for the quarter.

Management Changes

The Board has appointed Mr. Niyant Maru as Executive President - Finance effective October 17, 2025. Mr. Maru will be designated as Chief Financial Officer from October 28, 2025, for a fixed term of nine months. This appointment follows the resignation of the previous CFO.

Polycab India's strong performance in Q2 FY26 demonstrates the company's ability to capitalize on market opportunities and maintain robust growth across its diverse business segments. The appointment of an interim CFO also indicates the company's commitment to ensuring continuity in its financial leadership.

Polycab India , a leading electrical goods company, witnessed a significant block deal where promoter group members sold a portion of their stake. The transaction, valued at ₹1,695 crore, involved 22.73 lakh shares changing hands, representing 1.51% of the company's equity.

Block Deal Details

The block deal was executed at ₹7,458.00 per share, with several promoter group members participating in the sale. The sellers included:

• Inder T. Jaisinghani
• Ramesh T. Jaisinghani
• Ajay T. Jaisinghani
• Girdhari Thakurdas Jaisinghani
• Nikhil Ramesh Jaisinghani
• Bharat Jaisinghani

Following the transaction, the promoters have agreed to a 90-day lock-in period, during which they will not sell any further shares. At the end of the June quarter, the promoters held a 51.07% stake in the company.

Strong Financial Performance

The stake sale comes on the heels of Polycab India's robust financial performance in the June quarter. The company reported impressive growth across key financial metrics:

The company's EBITDA margins expanded to 14.50%, reflecting improved operational efficiency.

This block deal and the company's strong financial results underscore investor interest in Polycab India's growth story. The electrical goods sector in India continues to show promise, driven by infrastructure development and increasing electrification across the country.

Investors and market watchers will likely keep a close eye on how this change in promoter holding might impact the company's future strategies and market perception. Despite the stake sale, the promoter group retains a significant majority stake, indicating their continued commitment to the company's long-term prospects.