Polycab India share price up 4% as December quarter profit rises 14%

Total income in the latest quarter stood at Rs 2,507.6 crore against Rs 2,048.6 crore in the same period last year

Shares of Polycab India Ltd (PIL) gained 4 per cent at Rs 1,129 on the BSE on Wednesday after the company's profit after tax (PAT) rose 14 per cent to Rs 221 crore during the quarter ended December 31, 2019. The company had clocked Rs 194 crore PAT in the corresponding quarter of the preceding fiscal

Total income in the latest quarter stood at Rs 2,508 crore against Rs 2,049 crore in the same period last year. Total expenses were at Rs 2,217 crore compared to Rs 1,760 crore in October-December 2018-19.

“We have delivered yet another quarter of resilient