What was filed
Polycab India released its unaudited standalone and consolidated results for the quarter ended June 30, 2026, under Regulation 30 of SEBI's listing rules. The release frames the quarter as the company's highest-ever first quarter for revenue, EBITDA and profitability, with consolidated revenue, operating profit and net profit each rising by roughly a third year-on-year.
Where the growth came from
The company attributed the top-line gain to execution across its two core businesses. The Wires & Cables segment grew year-on-year, led by domestic revenue under what the company calls Project Spring, while its international business recorded a year-on-year decline. FMEG posted the sharpest gain, with solar products described as the largest category in that portfolio and growing more than two-fold. The EPC segment saw a year-on-year revenue decline, which the company tied to the timing of its project execution cycle.
Margins and the segment picture
Per the filing, FMEG EBIT margin expanded to 8.0% and EPC EBIT margin stood at 11.0%, while consolidated EBITDA and PAT margins were reported for the quarter. Chairman and Managing Director Inder T. Jaisinghani pointed to domestic demand, premiumisation in FMEG and a stated Project Spring goal of 8–10% EBITDA margins by FY30. The results are unaudited, and the release is a summary that does not carry the full segment-level financial statements.