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Healthy near-term growth outlook for Polycab India after record Q3 profit

Weak margin trajectory of the FMEG segment and valuations could limit upside

Topics
Polycab India | Polycab

Ram Prasad Sahu 



Polycab, Polycab India
Polycab India

Led by growth in the wires and cables segment, India posted a better-than-expected performance in the December quarter. Revenues of the country’s second-largest listed consumer electrical maker by market capitalisation were up 10 per cent over the year-ago quarter to Rs 3,715 crore and was broadly in line with street expectations.

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First Published: Wed, January 25 2023. 12:24 IST

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