Polycab India reports record Q2 and half-year performance, appoints new CFO

Polycab India Limited achieved its highest-ever second quarter and half-yearly revenue and profitability for the period ending September 30, 2025. The company reported H1 FY26 revenue of ₹1,23,832 Mn, up 21% year-over-year (YoY), with EBITDA reaching ₹18,784 Mn, a 55% YoY increase, and PAT growing 53% YoY to ₹12,927 Mn. Q2 FY26 saw revenue of ₹64,772 Mn (up 18% YoY) and PAT of ₹6,930 Mn (up 56% YoY). This growth was primarily driven by strong performance in the Wires & Cables business (up 21% YoY for Q2) and improving traction in the Fast-Moving Electrical Goods (FMEG) segment (up 14% YoY for Q2), despite a decline in the Engineering, Procurement, and Construction (EPC) business.

In addition to its financial achievements, Polycab India Limited also announced the appointment of Niyant Maru as executive president – finance, effective October 17, 2025. He will be designated as chief financial officer (whole-time key managerial personnel) starting October 28, 2025. This appointment follows the resignation of Gandharv Tongia as executive director & CFO. The company also released a comprehensive corporate presentation detailing its financial results and strategic initiatives for sustained growth.